GM's Ultium EV platform finally shows up in Q3 sales numbers

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GM is betting its near future on the Ultium EV platform. After three years in production, cars are finally reaching customers in volume.

lineup, but for the first two years of its existence, its impact on the marketplace has been virtually nonexistent. Well, that finally changed in the third quarter of 2023, and while the cars based on this architecture don't represent anywhere near the volume ofbroader combustion portfolio, we're reaching a point where Ultium products are finally in view of real-world shoppers.that you likely won't see on the road for some time.

GM is betting its short-term EV future on the Ultium platform, so these trends need to continue if that's going to be a profitable wager. Thewill be GM's first hope for real volume on this architecture and should be the company's next shot in the arm, but it remains to be seen whether the necessary materials and components can be pushed into the supply chain in time to give the new

 

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