The early success of Chinese brands in Mexico and Latin America offers a glimpse into the expansion strategy for these carmakers outside of the world’s largest EV market.
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With the EV adoption in the U.S. being slower than anticipated, General Motors (NYSE: GM) revised this year’s expected EV sales and production, while being launching its newest EVs, including its new entry-level Chevrolet Equinox EV. Along with the recent relaunch of Chevrolet Blazer EV after software issues got sorted out, these two EVs, both built on GM’s Ultium EV platform, are crucial for the Detroit automaker’s EV growth. EV Demand Is Growing, But Slower Than Expected Previously targeting p