(Detroit, MI) – General Motors is making a U-Turn on plans for all-electric vehicles. After announcing a profit of 12-point three billion dollars in North America for 2023, the company’s CEO said it will return to a focus on hybrid vehicles before a switch to total electric cars. GM’s CFO said today “The pace of E.V. growth has slowed, which has created some uncertainty.”
The announcement comes as the Biden administration continues to push automakers to go 100-percent electric.
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