GM and Audi announce changes to electric vehicle plans and goals

GM CEO Mary Barra said that given the current slowdown in demand for electric vehicles, the company will not be able to achieve its original goal of producing 1 million electric vehicles in North America by 2025, and future electric vehicle plans and goals will be flexibly adjusted according to market demand. Audi, a subsidiary of Volkswagen, also announced that it will expand and upgrade its hybrid product line in the next few years, while retaining a dual-line layout of fuel vehicles and electric vehicles in major vehicle segments.