General Motors announced it would accelerate its electric-vehicle efforts as the company anticipates a sharp rise in demand WSJWhatsNow
General Motors Co. said it plans to accelerate the timetable for some electric-vehicle launches and will establish a third factory to build plug-in trucks, anticipating a sharp rise in demand for EVs.
The disclosure follows mounting questions from Wall Street about whether the auto maker is moving quickly enough to get a planned wave of electric vehicles to market. Chief Executive Mary Barra used the company’s fourth-quarter earnings call Tuesday to further detail GM’s plans.
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