General Motors Profits are Powering their EV Expansion
The company’s earnings are funding the future. No legacy automaker is better prepared to capitalize on the transition to EVs and AVs
GM announced fourth quarter and full-year earnings yesterday. The company’s net income was $2.8 billion for the quarter and $6.4 billion for the year. This was accomplished during a period that GM and most automakers shuttered their factories due to the Covid crisis early in the year. These earnings are among the best performance o…
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