Autos

What to know about GM’s CES news

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DETROIT – General Motors made several announcements at the CES technology show Wednesday that investors should take note of – specifically its future plans for electric and autonomous vehicles.

GM CEO Mary Barra, who was one of the event’s headliners, unveiled the 2024 Chevrolet Silverado EV pickup that’s expected to go on sale next year against Ford Motor’s electric F-150 and Rivian Automotive’s R1T, among others.

Reaction to the Silverado EV by Wall Street analysts has largely been positive, however some questioned the lack of options and timing of the launch. Specifically, the company’s decision to only launch with two trims, giving Ford’s F-150 Lightning that’s launching this…



Source cnbc.com

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