With EV sales growth slowing down, General Motors “is currently assessing” its massive investment in battery-electric vehicles. And, while it remains committed to CEO Mary Barra’s “path to an all-electric future,” it will shift more emphasis to the hybrids and plug-ins it was planning to abandon. And other automakers, including Ford and Stellantis, are likewise shifting direction. If anything, this validates Toyota’s strategy calling for a mix of EVs, hybrids and PHEVs, reports Headlight.News.
Once again, GM is delaying production of some of its new battery-electric vehicles, this time announcing that production of the Chevrolet Silverado EV and GMC Sierra EV pickups won’t start rolling out of the suburban Detroit Orion Assembly Plant until late 2025. But, as Headlight.News reports, limited numbers of Silverado EV commercial models are being produced at a second plant.