GM CEO Barra says electric vehicles to be profitable by 2025

TL;DR

Barra said the company’s EV portfolio appeals to a broader range of customers than the competition, in a lineup that includes a small SUV for around $30,000, plus a luxury SUV, pickup trucks, and Hummer SUVs in the next two years.Coastal grandmother vibe endures for holiday giftingThink Barbiecore and all things pink for holiday giftsFor movie fans, a gift guide that goes beyond the cinemaFrom Wordle to sweets, holiday gift ideas for the grown-upsJacobson said it will take time for individual electric vehicles to get to “low- to mid-single digit” profit margins in 2025 as costs are spread over more vehicles.GM also said its Brightdrop commercial vehicle unit, which is making electric vans and carts, will contribute over $1 billion of revenue next year.Then it will revamp the internal combustion version of the Chevy Equinox small SUV in the biggest market segment in the world.For electric vehicles next year, GM will revive the Buick Electra name for a new SUV that will go on sale first in China, then in the U.S. Then comes the Cruise Origin, a multi-passenger vehicle built for the company’s ride-hailing service, and a Cadillac compact SUV."

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