Not counting some long-term costs, GM EVs became profitable in Q4 High-priced Cadillac Escalade IQ and GMC Sierra EV models contribute to that 2024 GM EV sales summed about 189,000 for the year, targeting 300,000 in 2025 General Motors claims that, by at least one metric, its electric vehicles achieved profitability in the fourth quarter of 2024... GM says its EVs are now “profit positive”
Not counting some long-term costs, GM EVs became profitable in Q4 High-priced Cadillac Escalade IQ and GMC Sierra EV models contribute to that 2024 GM EV sales summed about 189,000 for the year, targeting 300,000 in 2025 General Motors claims that, by at least one metric, its electric vehicles achieved profitability in the fourth quarter of 2024...