Recently, GM CEO Maribara proposed an ambitious goal that GM electric vehicles will catch up with Tesla within 10 years, and she said that GM will rely on cheaper electric vehicles to achieve this goal, especially Since Mary Barra believes Tesla cannot do this at this time, because even Tesla's most affordable Model 3 has grown from less than $40,000 to $47,000.
Especially for more than a year, Tesla has been continuously raising the price of its electric vehicles, earlier this year, Musk also had to blame tesla's entire product line price increase on "inflationary pressures", although tesla model prices increased significantly, but the company's sales have not been affected by price increases, Tesla's first quarter delivery volume reached 310048 good results.
As for GM, they've apparently also come up with several different types of electric vehicle options, from the $31,500 Chevrolet Bolt EV and the $39,900 Chevrolet Silverado EV for the value-for-money market, to the GMC Hummer EV for the sport off-road genre, and GM also has the Cadillac LYRIQ, a luxury car that costs $58,795 as a giant for the electric vehicle industry. GM has clearly begun to make efforts in various fields.
According to statistics, GM ranks fourth in the global electric vehicle market share, accounting for 7.6%, although this figure is not as good as Tesla's nearly 14% global electric vehicle market share in 2021, but for the electric vehicle race, Mary Barra believes that this is more of a marathon than a sprint, and she vows to catch up with Musk and eventually surpass him.