Electric Chevrolet Silverado shown at the New York Auto Show, April, 2022.
Scott Mlyn | CNBC
When people think of electric vehicles, their minds typically jump to Tesla. But Elon Musk’s company now has a lot more EV competition from Detroit.
Within the past six years, General Motors CEO Mary Barra has pushed the company towards a total transition from gas vehicles to electric as deals and consumer interest are increasing. GM plans to sell up to 175,000 electric vehicles to Hertz Global by 2027 – rentals are a key method to introduce more people to EVs without having to commit to a purchase. And the company also had to close reservations for its high-end all-electric Hummer last week…