General Motors Co (CHIX:8GMd)
€ 53.37 1.8 (3.49%) Market Cap: 59.18 Bil Enterprise Value: 148.43 Bil PE Ratio: 6.14 PB Ratio: 0.89 GF Score: 55/100

General Motors Co at Deutsche Bank Global Auto Industry Conference Transcript

Jun 15, 2023 / 03:55PM GMT
Emmanuel Rosner
Deutsche Bank AG, Research Division - Director & Research Analyst

All right. Good afternoon, everybody. Thank you so much for joining us for this session with General Motors as part of Deutsche Bank's Automotive Conference. My name is Emmanuel Rosner, and I'm the lead U.S. autos and auto technology analyst here at Deutsche Bank. I'm extremely pleased to be joined by Paul Jacobson, who is the CFO of GM. GM certainly needs no introduction, one of the leading global automakers. It has been accelerating its transition to an all-electric future, targeting 100% EV sales by 2035, I believe. Near term, the company is planning for 400,000 units of North American EV cumulative by the first half of 2024, with about 150,000 [planned] for this year and capacity of about 1 million units in North America alone by 2025.

And for the benefit of everyone here in the room, if you haven't seen in front of the lobby, there's a fantastic Chevy Blazer EV, which hasn't been released yet, but available for test rides and a couple of HUMMER SUVs, which are very sharp looking. So definitely go ahead and

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