General Motors Co. has reportedly slowed its electric vehicle (EV) production and rollout plans once more, despite a global increase in sales for the industry. This decision could be influenced by a variety of factors such as supply chain issues, the current global chip shortage, or strategic business decisions. However, this delay may also inadvertently provide opportunities for GM’s competitors in the burgeoning EV market. It is crucial that the company remains transparent about these changes with stakeholders and continues to innovate to ensure they maintain their market standing and can capitalize on the growing interest in EVs.
