GM Raises Guidance as Truck Transition Offsets Slower EV Adoption
GM expects a potentially steadier EV picture by 2027 as truck production ramps on a new platform. The company says EV capacity is below earlier plans due to slower adoption and ongoing efficiency drag into 2027. GM forecasts about $1 billion to $1.5 billion in year-over-year warranty improvement and has spent about $4.5 billion on EV restructuring in the first half.