GM wants to displace rival Tesla, owned by Elon Musk, in sales of electric cars by 2025 in the United States, and the dispute with Ford will intensify!
The American multinational vehicle manufacturer General Motors is serious about the electric car dispute, and plans to unseat Tesla, the giant global leader in electric cars, owned by billionaire Elon Musk by 2025. The question is… the Ford already planned to manufacture 600 vehicles in just two years and the dispute to lead the sale of electric vehicles in the global market will intensify among automakers!
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General Motors announced a billionaire investment of 6,6 billion dollars in its electric car division in one of its factories in the state of Michigan, in the United States. According to GM, this is the biggest investment ever announced by the automaker for the manufacture of electric cars.
General Motors wants to unseat rival Tesla and manufacture 1 million electric cars by 2025
The billionaire investment is part of GM's strategy to boost its production capacity in the United States to 1 million electric cars by 2025.
And it doesn't stop there: GM is also planning another $35 billion investment by 2035 to take the lead in providing electric and autonomous cars. "We will have the products, battery cell capacity and vehicle assembly capability to be the EV (electric vehicle) leader by mid-decade," GM CEO Mary Barra said in a statement.
All this money is nothing more than to displace billionaire Elon Musk's automaker. But overtaking global leader Tesla in sales of electric vehicles in the United States by 2025 will be a tough task for GM, according to market analysts. “It won't be easy to do this in just three years. While Tesla does not provide a specific breakdown of its US sales, the manufacturer delivered 936.172 electric vehicles globally in 2021.
Ford, which promises to manufacture 600 cars by 2022, sold 27.140 units of its Mustang Mach-E, and the dispute will intensify with GM to displace the global leader in production of electric cars Testa, owned by billionaire Elon Musk
According to analysts at Seeking Alpha, an American content service for the financial market, GM sold less than 25 EVs last year, behind Ford, which sold 27.140 units of its Mustang Mach-E”, and it seems that the dispute between the automakers will intensify to displace, in production, the global leader electric car maker Tesla, owned by billionaire Elon Musk.
Despite sales of electric cars having increased by 89% in the United States, the consultancy Cox Automotive points out that they still represent a small slice of the market: only 3% of sales in the country.
For anyone who is curious and is a lover of General Motors cars, the American automaker will offer the Hummer, Equinox, Silverado and Sierra pickups to the market in electric versions.
However, the new executive order from the President of the United States, Joe Biden, that half of sales will be free of carbon emissions by 2030, has been a great stimulus for manufacturers to move towards alternatives with electric, hybrid or hydrogen powered. Recently, luxury automakers Lamborghini and Bentley announced that they intend to electrify all their cars.
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