GM Navigates Challenges: EVs, ICE Profitability, and Restructuring

General Motors faces investor concerns about EV demand and peak gasoline vehicle sales. CEO Mary Barra will highlight profit margins on traditional vehicles and rising EV sales. The meeting will cover restructuring in China, updates on autonomous vehicles, and cost-cutting partnerships, with a focus on Ultium Cells technology.

General Motors is set to address shareholder concerns on electric vehicle demand and gasoline truck sales at an investor meeting in Spring Hill, Tennessee.

CEO Mary Barra will emphasize that profit margins on gasoline vehicles haven't peaked and electric vehicle sales are increasing. Investors will hear about GM's restructuring efforts in China and updates on the company's stalled Cruise autonomous vehicle operations. The broader aim is to show stability rather than aggressive growth.

The automaker will also highlight cost-reduction strategies, including a partnership with Hyundai to improve EV affordability. GM's Ultium Cells battery technology will be showcased, offering a glimpse into its future production capabilities.

(With inputs from agencies.)