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GM Ramps Up EV Production

Automaker eyes an annual production target of a million EVs by 2025.

August 21, 2023
GM Ramps Up EV Production

GM plans more models and increased battery output through a joint venture with LG Energy Solutions. 

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2 min to read


General Motors plans to build 400,000 electric vehicles by mid-2024 and achieve an annual production target of a million by 2025.

The automaker plans to accomplish the target by putting several EV nameplates in production, from the affordable Chevrolet Equinox to the luxury Cadillac Escalade IQ, and increasing battery output through a joint venture with LG Energy Solutions.

The opening of GM and LG's second Ultium Cells battery plant in Tennessee this year will give the automaker more battery capacity to help it scale its EV production, Automotive News reported. GM’s first Ultium battery plant is already operating in Ohio.

The production of GM's Ultium-based EVs, which include the Cadillac Lyriq crossover and the GMC Hummer EV pickup and SUV, had a slower start than originally planned. But company executives report output has picked up in recent months, according to Automotive News.

Executives also predict production demands will grow as all four of of GM's U.S. brands have EV launches in the next year as the automaker moves to an all-electric light-duty lineup by 2035, noted Automotive News.

GM CEO Mary Barra said in the company’s second-quarter earnings call that the automaker produced 50,000 EVs in North America during the first half of this year, 80% being the Chevrolet Bolt built on GM's old battery architecture. The company plans to produce 100,000 EVs in the latter half of the year, a larger number of them using GM's newer Ultium battery platform, according to Barra.

Barra also noted on the call that over 2,000 Lyriqs and Hummer EVs reserved by customers were in transit to dealers at the end of June. And CFO Paul Jacobson reported at a J.P. Morgan conference that over 1,000 Lyriqs were delivered to customers in July. He noted it took GM nearly a year to deliver the first 1,000 Lyriqs.

Barra said during the earnings call that a supplier problem with automation equipment hindered assembly of battery modules. The company had to dispatch manufacturing engineering teams and establish manual assembly lines to cope, she noted.

Now plans are under way to increase module capacity at EV plants in Detroit; Spring Hill, Tenn.; and Ramos Arizpe, Mexico, and by mid-2024 in Ingersoll, Ontario, Barra said.

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