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; GM targets 300,000 in 2025 General Motors claims that, by at least one metric, its electric vehicles achieved profitability in the fourth quarter of 2024...

Jan 31, 2025 - 09:00
GM says its EVs are now "profit positive"
2024 Chevrolet Equinox EVNot 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; GM targets 300,000 in 2025 General Motors claims that, by at least one metric, its electric vehicles achieved profitability in the fourth quarter of 2024...

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