Electric vehicles have had a hard year. Sales have been disappointing. Former U.S. President Donald Trump has regularly disparaged them. And even many environmentally conscious car buyers have been choosing hybrids instead.
Yet the CEO of General Motors, Mary Barra, says the company is still committed to doing away with combustion engine cars in the United States by 2035 — and she may have good reason for her optimism.
GM says it will start making money on battery-powered models by the end of the year — becoming the only U.S. automaker aside from Tesla to achieve that feat. Sales of GM’s EVs are starting to take off. And the company just introduced a model that sells for less than $30,000 after a federal tax credit.
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