GM CEO Defends Auto Giant's EV Strategy Amidst Challenges

General Motors CEO Mary Barra recently sat down with The Wall Street Journal's Editor in Chief Emma Tucker to discuss the company's all-electric future. Barra acknowledged the challenges GM faces in adapting its electric vehicle (EV) strategy to meet evolving consumer preferences and regulatory changes, while also contending with substantial tariff costs. The interview, part of WSJ's Future of Everything event, highlighted the complexities of the transition to electric vehicles. "We still believe in an all-EV future," Barra stated, emphasizing the inherent advantages of EVs. However, she also noted the need for advancements in battery technology to improve range and the importance of robust charging infrastructure. The discussion also touched upon GM's recent $900 million investment in a New York engine plant, a decision that, according to Barra, will enhance job security and contribute to the development of crucial technology for the company's trucks. This investment underscores GM's commitment to both its workforce and its long-term EV strategy, despite the current market challenges.