General Motors (GM) has announced a delay in the production of all-electric trucks at its Michigan Plant, pushing it back to late 2025. The decision is aimed at managing capital investments and improving the profitability of the new electric vehicles (EVs). The Orion Assembly plant, which currently produces Chevrolet Bolt EV models, will start construction of next-generation EVs in late 2025 instead of next year. The delay raises questions about GM's previous EV production goals, including the aim to produce 400,000 EVs in North America from 2022 to mid-2024. The company's plans to exclusively offer consumer EVs by 2035 remain unchanged.
The post GM to delay all-electric truck production at Michigan plant until late-2025 appeared first on Balanced News Summary.