General Motors says it will increase its investment and model offerings over the next five years “to expedite the transition to E.V.s.”
Tesla reported record deliveries in the third quarter as growing interest in electric vehicles and other cars boosted sales across the industry.
Most traditional carmakers are struggling to produce and market electric vehicles even as Tesla sells hundreds of thousands of its luxury models.
The electric carmaker’s deliveries fell as people around the world were forced to stay home by government orders and fears over the coronavirus pandemic.
The electric carmaker’s deliveries fell as people around the world were forced to stay home by government orders and fears over the coronavirus pandemic. But the decline was far smaller than for other automakers.
The electric carmaker’s deliveries fell only modestly as sales in China and other overseas markets nearly made up for lost sales in the United States.
He says he’ll move the headquarters of his electric car company out of California to Texas or Nevada.
The electric car company told employees to report to work Friday, but a county official said Tesla did not meet the requirements for resuming production.
General Motors says it is aiming to sell a million electric cars and trucks annually by 2025 in the United States and China.
General Motors says it is aiming to sell a million electric cars and trucks annually by 2025 in the United States and China.