GM lowers EV forecast for 2024, invests USD 850 million in Cruise

On June 11 at the Deutsche Bank Global Auto Industry Conference, GM CFO Paul Jacobson said that the company is lowering its 2024 electric-vehicle production goal by at least 50,000 units to between 200,000 and 250,000, down from 200,000 to 300,000 units.
Jacobson noted that the company has been working hard on its su....

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