Barra said, “It has become a race to the bottom with pricing and the level of subsidies.” This is although GM has made sales advances in the U.S., with its American EV unit sa

GM’s EV deliveries jumped by 60% year over year in the third quarter.

It’s hard to make money on EVs, but GM CEO Mary Barra insists the company is still phasing out internal combustion engine vehicles in the US by 2035.

Mary Barra warns of fierce competition from Chinese EV makers, stressing GM must offer affordable options to remain competitive.

General Motors CEO Mary Barra said the company has made moves to capitalize on the growing importance of electric vehicles.