Photo Credit:Fair Use [17 U.S.C. § 107] Cadillac Lyric EV is one of some 30 GM models.

GM Bets Big On Electric Cars Even As Market Slows

15 Oct 2025 | Abstracted from USA Today

Despite a slowing EV market, GM remains committed to its electric strategy, citing strong sales growth and expanded market share currently at 17.2% YTD. It offers a wide EV lineup of some 30 models, but has paused some production and laid off workers amid shifting demand. While GM scrapped its all-EV pledge by 2035 and backed regulatory rollbacks, it is reintroducing the affordable Chevy Bolt and aims to balance EV accessibility with profitability.

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