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Discussion Starter · #1 ·
What did we learn on the earnings call? This is what I picked up, how about you guys?

  • $6.3B in Q4 2021 Free Cash Flow
  • Earnings on target 2021 was a record year
  • GM accelerating all EV programs and ramp rates
  • Another new Truck plant will be announced soon (3 EV tuck plants)
*4th Battery plant to be announced soon
*GM is guiding selling 400K EV's in North America by the end of 2023 (I think this will be low in 2022, and ramp fast in 2023)
*59K Hummer reservations
*110K Silverado E reservations including 240 large fleet customers
*25K BrightDrop reservations
*Lyriq will launch in 60 days
*Batteries for Ultium coming from LG right now.
* GM is pulling ahead CapEx spend in 2022, $9-10B
 

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Registered
Joined
·
3,492 Posts
Discussion Starter · #2 ·
What did we learn on the earnings call? This is what I picked up, how about you guys?

  • $6.3B in Q4 2021 Free Cash Flow
  • Earnings on target 2021 was a record year
  • GM accelerating all EV programs and ramp rates
  • Another new Truck plant will be announced soon (3 EV tuck plants)
*4th Battery plant to be announced soon
*GM is guiding selling 400K EV's in North America by the end of 2023 (I think this will be low in 2022, and ramp fast in 2023)
*59K Hummer reservations
*110K Silverado E reservations including 240 large fleet customers
*25K BrightDrop reservations
*Lyriq will launch in 60 days
*Batteries for Ultium coming from LG right now.
* GM is pulling ahead CapEx spend in 2022, $9-10B
I forgot to add Mary said lots of Athletes and famous people want the Hummer EV...
 
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