GM Increases Annual Production Target for Electric Pickup Trucks and SUVs by More Than Sixfold

[Photo by AFP Yonhap News]

[Asia Economy Reporter Park Byung-hee] General Motors (GM) plans to increase its production targets for electric pickup trucks and Cadillac SUVs by more than six times this year, according to major foreign media reports on the 8th (local time).

Foreign media, citing information from GM suppliers, reported that GM's production target for electric trucks and Cadillac SUVs this year has significantly increased from 7,000 units to 46,000 units.

Specifically, GM notified its suppliers that the production volume of the GMC Hummer electric truck will increase from 3,800 units to 21,000 units, and the production volume of the Cadillac Lyriq electric SUV will increase from 3,200 units to 25,000 units this year.

Last week, GM CEO Mary Barra announced plans to accelerate the expansion of electric vehicle production, aiming to sell more than 400,000 electric vehicles in North America this year and next year. However, CEO Barra did not disclose specific production expansion plans, but the increase in production of trucks and SUVs was confirmed through suppliers.

GM is also reportedly resuming production of the Chevrolet Bolt electric vehicle. GM is currently conducting a battery replacement recall for the Bolt and has halted its production.

GM confirmed that, as previously announced, it is investing to secure a production capacity of 1 million electric vehicles in North America by the end of 2025, with a goal of selling more than 400,000 electric vehicles in North America this year and next year. GM also stated that the production expansion is not only due to consumer demand but also because of the intensifying competition in the electric vehicle market.

This content was produced with the assistance of AI translation services.