GM sold about 36,000 EVs in the first half of 2023. With production set to zoom higher, the new Silverado, Blazer and Equinox models better sell.
"People are hanging in there with orders," Jacobson told analysts asking about EV pricing strategy. "I think with some of the challenges identified as we ramp production, we see a lot of consistent strong demand for the products that we're producing."
"This is not your grandfather's GM," he said. "Sweet design, massive tech upgrades, great battery life, no range anxieties. People will pull up to the valet parking in them. It's not something you would consider before.'' has done by cutting prices this year, GM is moving to give EV options to the larger market of consumers who simply want trouble-free cars at attractive prices, he said.As the industry wide EV rollout reaches a critical juncture, "GM is positioned well for the hard part," Downey said. "Tesla people are not car buyers. They're tech buyers. The next group of cars will meet people where they are. The next generation doesn't care how cars are powered.
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