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Bloomberg Surveillance

Surveillance Special: GM CEO Mary Barra on Hybrids, EV Adoption

Jan 30, 2024
Mary Barra, GM CEO, discusses the slowdown in EV adoption and the launch of plug-in hybrids. The factors contributing to the slowdown and the shift towards hybrids are explored, along with the challenges in competing with domestic EV companies in China. The speaker also discusses the competition in the automotive industry and GM's plans for electric vehicles and autonomous technology.
09:41

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • General Motors plans to introduce more Altium-based EV models in 2024, including the Cadillac Lyric, GMC Hummer EV, Silverado EV work truck, Chevy Equinox EV, and Sierra EV.
  • GM CEO Mary Barra emphasizes the importance of building a charging infrastructure and adapting to the changing Chinese EV market to compete globally.

Deep dives

Strong EV Sales and Plans for Expansion in 2024

General Motors (GM) Chair and CEO, Mary Barra, discusses the strong 2023 results for the company, attributing it to robust internal combustion engine (ICE) and electric vehicle (EV) sales. Barra highlights GM's plans for further expansion in 2024, with the introduction of more Altium-based EVs such as the Cadillac Lyric, GMC Hummer EV, Silverado EV work truck, Chevy Equinox EV, and Sierra EV. Barra also expresses optimism about the EV market's growth and emphasizes the importance of building a charging infrastructure to support EV adoption.

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