Auto buyers have yet to show much love for electric cars.
Sales of the Tesla Model S and Model X have stalled at around 25,000 per quarter. The company has yet to prove it can make and sell the lower-priced Model 3 in large numbers, saying Monday that it had produced only 260 of the cars through Sept. 30. Chevrolet sells only a few thousand Bolt EVs a month, despite rave reviews. Electric cars total only about 1% of total passenger vehicles sold in the U.S.
Yet on Monday, auto giant General Motors announced it will begin selling two new all-electric vehicles in the next 18 months, and will have at least 20 new zero-emission electric vehicles in its lineup by 2023.