As the biggest Detroit carmakers struggle to escape from Tesla's shadow, the Motown matchup is like two football teams slugging it out using very different playbooks.to build a battery cathode materials plant in North America by 2024. The deal is part of the automaker's long-range plan to carefully construct a proprietary, vertically integrated EV machine that it will fully turn on only when costs fall and demand grows in the second half of the 2020s.
Despite their activity, both Detroit automakers are expected to lag well behind EV market leaders Tesla and VW through 2028, according to data provided by AutoForecast Solutions, whose production estimates are widely used across the industry. Forecasts call for the VW Group to reach 1.45 million EVs in 2025 and climb to 1.9 million in 2028, according to AFS data.GM's EV numbers look much thinner: 494,000 in 2025 and 624,000 in 2028. Those figures do not include production from the SAIC-GM-Wuling joint venture in China, which produces EVs under the Baojun and Wuling brands and in which GM is a minority shareholder.
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