GM CEO Mary Barra reaffirmed that electric vehicles remain the "endgame," despite the company's recent decision to scale back EV investments.
Speaking at an Automotive Press Association event, Barra stated that wider EV adoption requires more accessible charging and lower prices. She acknowledged that the removal of federal incentives will slow the transition.
GM is unwinding billions in EV-related spending to increase investment in combustion-engine vehicles. This strategic shift directly responds to the Trump administration's policies. Those policies ended the $7,500 EV tax credit and eased fuel economy rules.
Barra indicated the company needs to remain flexible regarding potential future regulatory changes. Separately, GM officially moved into its new, smaller Detroit headquarters.