DETROIT (AP) — General Motors will delay electric pickup truck production at a factory near Detroit due to slowing U.S. demand for electric vehicles, to better manage its capital investments, and to make some engineering changes.
Political Cartoons View All 1211 ImagesGM already is building a Chevrolet Silverado work truck at its “Factory Zero” electric vehicle plant, which straddles the border between Detroit and the enclave of Hamtramck.
August EV sales were up almost 60% from a year earlier, but in September, the year-over-year growth rate dropped to 56%, according to Motorintelligence.com.
But that transition is a lot more difficult and takes more time.”Still, Fiorani predicted that EV sales growth won't recede much, but the rate of increase won't be as high as it was previously.
____This story has been corrected to show that the electric vehicle sales growth rate in September was 56%, not 51%.
Persons:
Kevin Kelly, ”, Kelly, it's, Kelley, Tesla, Chevrolet Bolt, Sam Fiorani, Fiorani
Organizations:
DETROIT, —, Motors, Silverado, GMC Sierra, United Auto Workers, Orion, Chevrolet, Workers, GMC, EV, GM, Factory Zero, AutoForecast Solutions
Locations:
Detroit, Orion Township , Michigan, Michigan, Hamtramck, U.S, . U.S, That's