GM May Have Some Bad News About a Manufacturing Plant

Published by
The Street

By Kirk O’Neil A possible change in plans for a General Motors’ EV battery manufacturing plant makes future production goals uncertain. Electric vehicle production will need to ramp up significantly over the next dozen years, as California, New York, Massachusetts and several other states have authorized the elimination of the sale of new internal combustion engine vehicles, or gasoline-powered cars, by 2035. Tesla (TSLA) – Get Free Report is currently the king of EV production having set a record with 1.37 million EVs produced in 2022. The company set a goal to produce 20 million EVs a year b…

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