GM exec acknowledges Tesla’s lead in EV market: ‘They’re formidable competitors’

Teslarati
By Maria MeranoNov 20, 2020, 8:59 am97 pts
General Motors Co. recently launched a $27-billion EV offensive to catch up with Tesla’s EV market lead, which GM executive Doug Parks recently acknowledged in a statement. Parks made the statement in a call before GM Chairman and CEO Mary Barra announced the company’s goals in the EV market leading up to…

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