GM's EV Sales Surge, Near Ford

This is a U.S. news story, published by CNBC, that relates primarily to GM news.

U.S. news

For more U.S. news, you can click here:

more U.S. news

automotive and transportation news

For more automotive and transportation news, you can click here:

more automotive and transportation news

CNBC news

For more news from CNBC, you can click here:

more news from CNBC

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best tech news, business news, entertainment news, and much more. If you like automotive and transportation news, you might also like this article about

EV sales

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest EV sales momentum news, Kia EV sales news, automotive and transportation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

EV profits

CNBC

•

GM's EV sales momentum is finally building as new vehicle lineup fills out

Summary

Nutrition label

79% Informative

GM sold nearly 21,000 EVs in the U.S. in July and August almost matching its full second-quarter EV sales.

GM 's EV sales through August were up about 70% compared with a year earlier .

The legacy automakers are still fighting for a distant second behind Tesla .

GM has withdrawn most of its previously announced electric vehicle targets.

GM has yet to fully withdraw a target announced in January 2021 that the automaker would exclusively offer all-electric vehicles for consumers by 2035 .

GM maintains a nearer-term target of producing between 200,000 and 250,000 EVs this year .

Withdrawn targets for 2025 include North American production capacity of 1 million EVs and EV profits.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive