Company Of The Day: General Motors
What?
General Motors (NYSE:GM) intends to launch over 15 electric vehicles model in China by 2025. The vehicles will be based on the Ultium platform developed for the Chinese market.
So What?
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- What’s Next For GM After A Solid Q4?
- With Deliveries Picking Up, How Will GM Fare In Q3?
- Forecast Of The Day: General Motors Number Of Vehicles Sold in North America
China is the world’s largest EV market by far and GM’s success here will be key for its long-term growth. The company plans to have a production capacity of over 1 million EVs in the country by 2025.
Returns | Nov 2022 MTD [1] |
2022 YTD [1] |
2017-22 Total [2] |
GM Return | 2% | -32% | 15% |
S&P 500 Return | 4% | -16% | 80% |
Trefis Multi-Strategy Portfolio | 4% | -19% | 221% |
[1] Month-to-date and year-to-date as of 11/25/2022
[2] Cumulative total returns since the end of 2016