Donald Trump's new administration has not significantly altered General Motors' plans for the US electric car market, with Detroit's heavy investment still in place.
GM has set a target of 300,000 electric cars to be sold in the US alone by 2025, with part of the volume being offered to the market via dealers, while another part will be via the internet.
It is not yet known whether these numbers include sales of models such as the Honda Prologue and Acura ZDX, but it is believed that they do, with models from Chevrolet, GMC and Cadillac reaching consumers, without the federal bonus.
For 2025, GM has some challenges, such as the launch of the second generation Chevrolet Boltwhich will need to be a cheap electric car and whose project remains shrouded in mystery.
That's because the Ultium platform is made for large cars and the Bolt was originally small, which means a new Ultium “Light” platform could emerge.
In any case, GM's plans have not changed, so much so that, from April, orders for the GMC Sierra EV will begin and pre-series production will begin in May.
GMC's large, electric pickup is a reinforcement for the Chevrolet Silverado EV, which also maintains its course alongside another large car, the GMC Hummer “tank” in its pickup and SUV versions.
Another brand that will expand sales of electric cars in “America” is Cadillac, with models like the Lyriq standing out.
The speed at which GM is implementing its electrification plan is great, so much so that practically the new Equinox and Electric Blazer were born together. But not just that…
In 2024 alone, GM saw a 50% increase in electric vehicle sales, with 114,432 units sold, and then we see a target of 300,000 units.
This is a higher growth rate than Teslaaccording to market analysts, indicating that GM's industrial power could favor this high speed of growth.
GM entered into a solid partnership with LG Chem in batteries and its shares appreciated well, while the prices of electric models from Chevrolet and Cadillac remained at a lower level compared to Tesla.
With a broad and solid retail structure, GM can maintain a high volume of electric cars at interesting prices even without the federal bonus.
Seeing the margins of traditional pickup trucks and SUVs only increasing, with an average already above US$75 thousand, they can finance the discounts on electric vehicles and thus create a balance until the latter become profitable in themselves.
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