GM's EV market share doubles to 12%: will Trump's tariffs slow momentum?
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General Motors (GM) has doubled its electric vehicle (EV) market share to 12%, marking a significant milestone in its EV strategy. However, potential tariffs from the Trump administration could impact this momentum.
February 28, 2025 | 3:15 pm
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General Motors has successfully doubled its EV market share to 12%, a positive indicator of its strategic focus on electric vehicles. However, potential tariffs from the Trump administration could pose a risk to this growth.
GM's doubling of EV market share is a strong positive signal for its growth in the EV sector. However, the mention of potential tariffs introduces uncertainty, which could offset the positive news. The market may react cautiously until more details on tariffs are available.
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