Analysis-GM goes slow on EVs as rivals fight a price war

By Joseph White and Paul Lienert
FILE PHOTO U.S. President Joe Biden is helped out of a Chevrolet Corvette Z06 by General Motors President Mark Reuss as GM CEO Mary Barra looks on during a visit to the Detroit Auto Show to highlight electric vehicle manufacturing in America in Detroit Michigan U.S. September 14 2022. REUTERSKevin LamarqueFile Photo

FILE PHOTO: U.S. President Joe Biden is helped out of a Chevrolet Corvette Z06 by General Motors President Mark Reuss as GM CEO Mary Barra looks on during a visit to the Detroit Auto Show to highlight electric vehicle manufacturing in America, in Detroit, Michigan, U.S., September 14, 2022. REUTERS/Kevin Lamarque/File Photo

DETROIT (Reuters) - General Motors Chief Executive Mary Barra is betting that moving more slowly than Tesla or Ford to accelerate electric vehicle production for North America will be more profitable in the long run.

Suppliers familiar with GM's production plans through 2025 support the notion the automaker continues to slow-walk electric vehicle investment and output while it continues to bank money from its big combustion-engine pickups and SUVs.

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