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Tuesday 1 November 2022
GM delays EV production ramp over battery supply
General Motors is slowing down the its EV production ramp, but still appears committed to an EV-heavy future.
The automaker originally planned to produce 400,000 EVs by the end of 2023, but has now pushed that target back to mid-2024, according to the Wall Street Journal. That move, which comes after GM reported a big increase in gasoline truck deliveries for the third quarter of 2023, is reportedly due to battery-supply issues.
GM pointed to a slow start at the Ultium Cells LLC battery plant in Ohio, one of several from the joint venture between the automaker and battery supplier LG.
Read the whole story on greencarreports.com