“2023 will also be a breakout year for the Ultium Platform,” she said. “This keeps us on track to produce 400,000 EVs in North America from 2022 through the first half of next year.”
Company Chief Financial Officer Paul Jacobson said on a call with journalists that the company will increase production of EVs in the first half and step up the pace even more in the second half of 2023. That’s likely to please investors who’ve have been waiting for GM to boost sales of its Ultium vehicles, which have sold in very small amounts during the past year.
The automaker posted operating income from its home market in North America last quarter of $3.65 billion in the quarter, up from $2.17 billion in the year-earlier period. InCruise LLC, GM’s
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Jeremy Grantham warns of a massive stock market crash in 2023 outlookJeremy Grantham warns of a massive stock market crash and highlights what to own in his 2023 outlook. Here are the 7 best quotes. JAW boner There will be no crash. The fix has been in for twenty-years. The US equity market is a a scam. Until, it’s not. Weimer-era, here we come.
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