GM Plans EV Profit by End of Year
This is a US news story, published by Verge, that relates primarily to Mary Barra news.
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GM EVs todayVerge
•GM will start making money on EVs this year, says CEO
72% Informative
GM CEO Mary Barra says it will start making money on its electric vehicles by the end of this year .
The company will still phase out the sales of internal combustion engine vehicles by 2035 .
GM will collect around $800 million in subsidies from the government for manufacturing EV batteries in the US thanks to the Biden administration's Inflation Reduction Act .
VR Score
68
Informative language
64
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64
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formal
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English
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52
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Known propaganda techniques
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short-lived
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1
Source diversity
1
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