Barra says GM’s committed to affordable electric cars |  Business

Barra says GM’s committed to affordable electric cars | Business


NEW YORK — The economy is a bit wobbly, but General Motors CEO Mary Barra isn’t backing off of an audacious prediction: By the middle of this decade, her company will sell more electric vehicles in the US than Tesla, the global sales leader .

To fulfill that pledge in as little as 2½ years, she faces some long odds against immense economic forces that are working against auto sales. Inflation has spiked, interest rates are rising, material costs have soared and a global shortage of computer chips is still braking assembly lines at GM and other companies.

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