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Despite slow sales, GM’s Mary Barra continues to have faith in electric vehicles


General Motors’ Chief Executive, Mary Barra, announced that the company has successfully resolved battery-manufacturing issues that were hindering the profitability of its electric vehicles. Barra stated that G.M. is confident that their electric vehicles will soon become profitable as a result of these fixes.

Barra’s statement comes as a significant development for the company, as electric vehicles have been a major focus for G.M. in recent years. Despite facing challenges in the manufacturing process, the company has continued to invest in electric vehicle technology as part of its commitment to sustainability and environmental responsibility.

The successful resolution of the battery-manufacturing problems is expected to have a positive impact on G.M.’s bottom line, as electric vehicles represent a growing segment of the automotive market. With advancements in technology and increased consumer demand for electric vehicles, G.M. is well-positioned to capitalize on this trend and drive profitability in this area.

Barra’s confidence in the profitability of G.M.’s electric vehicles reflects the company’s commitment to innovation and sustainability. By addressing manufacturing issues and improving the quality of its electric vehicles, G.M. is poised to strengthen its position in the electric vehicle market and drive growth in this important segment of the automotive industry.

Overall, G.M.’s successful resolution of battery-manufacturing problems and Barra’s optimistic outlook on the profitability of electric vehicles signal a positive development for the company and its future in the electric vehicle market.

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Photo credit www.nytimes.com

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