General Motors plan to overtake Tesla electric-car sales in the US by 2025

General Motors (GM) is determined to replace Tesla in the US electric car market. GM targets to realize these ambitions by 2025, as quoted from Drive, Monday (25/7/2022). GM has sold more vehicles of various types than Tesla.

Last year, GM sold 6.3 million cars worldwide, behind Toyota (10 million) and the Volkswagen Group (8.9 million). In the US, GM reported selling 2.2 million new vehicles across its models last year, compared to Tesla’s 352,000.

However, globally as well as in the US, Tesla is currently first in terms of selling electric vehicles. Tesla reportedly shipped 936,000 vehicles globally, including 352,000 vehicles in the US.

In contrast, GM sells fewer than 25,000 electric cars in the US, or about 7 percent of Tesla’s sales. In an interview with The Associated Press (AP) news agency, GM CEO Mary Barra outlined the company’s plans to sell more electric cars in the US than Tesla in the next two and a half years.

Barra believes selling cheap electric cars will help GM to overtake Tesla in North America, and increase the proportion of electric vehicle sales in the US compared to gasoline and diesel models.

“To really get to 30, 40, 50 percent of electric vehicles (EVs) on sale, you have to attract people who have $30,000 to $35,000 in the electric car price range,” Barra said.

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