GM Won't Hit 1 Million EV Target in 2025: 'Market Not Developing'
GM CEO Mary Barra announced that it won't hit its production capacity goal, but remains optimistic that EV market share will continue to grow.
General Motors shocked the world in 2021 when CEO Mary Barra announced that it would go zero-emissions by 2035. One of the first milestones on that road was coming up soon: GM planned to have the production capacity to build one million EVs per year in North America by the end of 2025. But, today, during an interview with CNBC, Barra announced that GM will not hit its goal.
“We’re seeing a little bit of a slowdown here, we won’t get to a million, because the market just isn’t developing. But we will get there,” Barra said on CNBC.
Get Fully Charged
General Motors Plans to Go all Electric By 2035
Back in 2021, General Motors CEO Mary Barra announced that General Motors would make all of its light-duty vehicles fully electric by 2035.
Although General Motors is having some of its best months ever for EV sales, it’s no secret that the brand has struggled with its electric vehicle transition. The launches of most of its Ultium-based vehicles have been plagued with software, manufacturing and initial quality problems. Whether it's infotainment screens that won’t work on the Blazer or Lyriq, or GMC Hummer trucks that brick themselves at DC fast chargers, it’s not been a smooth rollout for GM’s electric future. There have also been production issues. GM has faced setbacks at manufacturing plants for both EV parts and the vehicles themselves.
Notably, a lot of GM’s woes have to do with the software on its EVs. Software is something that Barra admits is a really important part of General Motors’s electrified future. Getting it right is key, and so far has proved difficult.
“General Motors, moving to an all-electric future, almost what’s more important, is that the vehicle really is a software platform,” she said. But GM’s track record with software isn’t great, and all of its brands have suffered from some not-so-great press and customer feedback.
Still, Barra remains optimistic. Despite her “we will be guided by the customer,” statement— which could be interpreted as the company pulling back on EVs—she assured viewers that General Motors will get to its production goals eventually. As charging infrastructure improves and as more buyers gain firsthand experience with EVs, Barra insists that the market will continue to grow.
“The next ten, eleven, twelve years is going to be pretty transformative in the way people move,” said Barra.
Perhaps Barra is right. Although General Motors has had bad press, it does seem like it is genuinely trying to right the ship. Updates and price cuts to the Blazer EV have made for an increase in sales. The all-new Equinox EV has had strong initial reviews, and a relatively low price point should get more buyers to consider EVs. Even InsideEVs own Tim Levin thought the hubbub over the company ditching Apple CarPlay was overblown, and said GM’s homegrown Google-based solution was just fine.
Barra didn’t comment on when GM planned to hit its one million EV production capacity goal. So we'll just have to hope they get there eventually.
Contact the author: kevin.williams@insideevs.com
More EV News
RECOMMENDED FOR YOU
GM’s Next-Gen Super Cruise Is Training On ‘100 Years Of Human Driving’ Every Day
This New European Electric SUV Has A Secret From China
GM Hits 1 Billion Hands-Free Miles, Will Drop Google Gemini Into 4 Million Cars
Unpacking The Beijing Auto Show, From The Xiaomi SU7 To The Ford Bronco EREV
Car Buyers Don't Like Subscriptions. Car Companies Are Pushing Them For Driver-Assistance Tech Anyway.
3 Big Takeaways From The Beijing Auto Show
‘I Just Hope We Can Bounce Back’: GM’s Prized EV Truck Factory Goes Dark Again