General Motors Company (NYSE:GM) reported better-than-expected fourth-quarter financial results on Tuesday and revealed that EV profitability is one of the company's top priorities in 2024.
GM CEO Mary Barra joined CNBC's "Squawk on the Street" following the print and talked company strategy as GM drives towards making its U.S. EV portfolio variable profit positive in the second half of 2024.
What Happened: Barra told CNBC that GM is still targeting a 100% EV light-duty portfolio by 2035. The automaker believes 2024 is the year to “really execute and see growth” in the EV business, she said.
GM is planning ...