WebSep 3, 2024 · New York CNN Business —. General Motors will shut production at most of its North American plants for a week or two starting next week as the worsening chip shortage takes another bite out of ... WebJan 1, 2024 · Existing factories provide enough batteries for about 5m vehicles. Newly announced factories could provide enough batteries for a further 10m vehicles. Given the existing vehicle demand is for 20 million cars a year, this suggests that 75% of all new cars could be electric by 2025 / 2026. There is a demand for batteries in other applications.
General Motors idles more auto plants over chip shortage - The ...
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