GM lifts 2023 expectations as it prepares for a breakout EV year
After a solid start to the year, General Motors is raising its earnings and cash flow expectations for 2023. GM is gearing up for a breakout year with several highly anticipated EV launches planned across some of the most popular auto segments.
GM expects a breakout year with EVs in 2023
General Motors sold over 20,000 fully electric vehicles for the first time in the first three months of 2023, surpassing Ford as the number-two EV maker in the US and increasing its market share by eight…