The Clap
General Motors is placing high hopes on one model to kickstart its electric vehicle push.
The Deets
The Equinox EV model is expected to drop in the fall of 2023 at a price point in which little, if any, players in the EV industry have been able to match.
How So
GM is soon expected to have four battery plants up & running, & batteries have been the key element for driving up EV prices, so they expect these plants to allow them to scale.
So What
GM’s CEO had stated that he “absolutely” believes GM can catch up to Tesla’s U.S. sales level by 2025.
Now What
GM is on a mission to produce only EVs by 2035 as part of a broader plan to become carbon neutral by 2040.
