General Motors Co GM

Consumer Cyclical Auto Manufacturers

General Motors Company designs, builds and sells trucks, crossovers, cars and automobile parts and provides software-enabled services and subscriptions worldwide. The Company provides automotive financing services through its General Motors Financial Company, Inc. (GM Financial) segment. GM North America (GMNA) and GM International (GMI) develop, manufacture and/or markets vehicles under the Buick, Cadillac, Chevrolet and GMC brands. The Company's segments include GMNA, GMI, Cruise and GM Financial. Its Cruise segment is engaged in the development and commercialization of autonomous vehicle technology. Its software-enabled services and subscriptions, including OnStar, our advanced driver-assistance systems (ADAS), including Super Cruise driver assistance technology, and its end-to-end software platform. The Company is also focused on investing in electric vehicles (EVs) and AVs, software-enabled services and subscriptions and new business opportunities.

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General Motors Co > Biden wants 50% electric cars by 2030

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Comment by joemanon Sep 30, 2021 4:06pm

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RE:Biden wants 50% electric cars by 2030

They always mean to say '50% of new sales', which is entirely possible by 2030 although it's still a long ways away. Many supply chain issues, cost issues and scalabiliity issues to resolve first.