Autos

Here’s why GM’s electric vehicle push is a big risk

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General Motors‘ aspiration to stop selling fuel-burning cars by 2035 could put a big dent in its overall market share if it doesn’t considerably boost sales, some auto industry analysts think.

While electric cars are in vogue, and companies like Tesla command share prices that could make a legacy automaker envious, automotive insiders continue to voice concerns over how ready the world is to fully shift to electric vehicles. Firms that survey car buyers frequently say many still worry about vehicle range and charging times, for example.

GM, the largest U.S. automaker, said its plan to eliminate tailpipe emissions by 2035 is a goal and not a guarantee. Nevertheless, it is making a big push…



Source cnbc.com

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