Mary Barra

GM CEO Mary Barra was recently asked about profitability targets for the company’s electric vehicle line and said that it’s on track for EV profitability in 2025.

But, frankly, the whole conversation about EV profitability and cost parity doesn’t make a lot of sense, and here’s why.

US President Joe Biden was at the inauguration of GM’s Factory Zero yesterday, the company’s first electric vehicle factory, and he gave a speech in which he gave credit to GM CEO Mary Barra for “electrifying the entire auto industry.”

Fact check: Biden is dead wrong about that.