General Motors Q4 earnings call: Bounce back from chip supply issues expected in 2022, with more cell and vehicle production announcements coming soon

Feb 2022

On the 1st February General Motors presented its Q4 earnings and held a call for investors and analysts. CEO Mary Barra reiterated several of the announcements made in 2021 in relation to the Ultium Battery cell manufacturing plants announced with LG and future EV production facilities.  

GM recently announced it plans for production capacity of 1 million EVs per year by the end of 2025 in North America (of which 600,000 are trucks). On the call Barra also stated GM was aiming for…

 

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Image credit: General Motors