Aiming to make a million electric vehicles a year by 2025, General Motors is investing in a Nevada lithium mine to help with battery production.
General Motors sold more cars in the third quarter after struggling with a shortage of computer chips earlier in the year.
The automaker sold more cars in the third quarter after struggling with a shortage of computer chips earlier in the year.
The automaker reaffirmed its forecast for earnings for the full year.
The General Motors chief says efficiencies, innovations and learning from mistakes will allow her company to become a leader in electric vehicles.
The automaker reported an 11 percent jump in revenue for the first three months of the year compared with a year earlier.
The recall now covers 2017-2022 models. The latest move, to add three more model years, will increase costs by $1 billion.
General Motors’ push to increase E.V. spending follows an announcement by Ford that it would start making an electric version of its F-150 pickup truck this year.
The company’s top executive resigned after the struggling automaker released an investigation by its board.