GM CEO Mary Barra said customers won’t spot the differences. But it's key to reducing EV costs, just like Rivian and others are doing.
General Motors, like any other automaker, is in the business of making money. And judging by the sales numbers posted in the second quarter, it’s going very well for the American auto giant–but that doesn’t mean it can’t be even better. In Q2 2024, GM had its best quarterly U.S. sales since the fourth quarter of 2020, with a record number of EVs sold–roughly 22,000 units, up 40% year-over-year.
As a reminder, the 2025 Lyriq is expected to go on sale in the second half of the year. Besides binning parts from one model year to the next, the automaker also resorted to fewer powertrain combinations. “A crucial element is reducing the number of buildable electrical combinations, which is delivering hardware and software quality improvement, as well as savings,” Barra said during the call.
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