[PFRobinson]

GM Will Miss Its EV Production Target, CEO Barra Tells Investors - The Detroit Bureau

General Motors will miss its previously announced EV production targets by at least six months. Find out what's causing the delay at TheDetroitBureau.

www.thedetroitbureau.com

 

[Dark-Fx]

GM Will Miss Its EV Production Target, CEO Barra Tells Investors - The Detroit Bureau

General Motors will miss its previously announced EV production targets by at least six months. Find out what's causing the delay at TheDetroitBureau.

www.thedetroitbureau.com

Old news. Besides, if GM said when you put your reservation in that it wouldn't be produced until 2024, you probably wouldn't have put it in. But now that you've already waited two years, sunk cost fallacy kicks in.

 

[Carac]

I also think they knew their projection was at WELL more than a year behind (not just 6 months) when they put the Denali Ed1 reservations up two months ago. I think their projection for those builds will pan out, barring worse issues. They appear to expect SUT Ed1 deliveries to continue through Summer '23, then they'll move immediately to SUV and Silverado EV Ed1s in Fall '23 with a couple 3X trucks getting started in Winter '24, then Denali Ed1s in Spring '24. Based on the timelines they're giving out, they don't appear to think they have the capacity for anything but Ed1s of each vehicle for at least the next year.