Mary Barra Makes GM’s Electric Future Clearer As Company Reports 2021 Profit

It’s clearer than ever the engine driving General Motors Co. are cars and trucks powered by electric motors. That was the message from GM chair and CEO Mary Barra in discussing the company’s 2021 full year and fourth quarter financial results Tuesday.

In a conference call with financial analysts after the markets closed, Barra spoke of increased investments in the production and development of electric vehicles and battery, accelerating EV introductions and letting shareholders know all that spending means they won’t be receiving dividends for the time being.

<progressive-image src="https://specials-images.forbesimg.com/imageserve/61f9cf4007dd663b0a99de63/Barra-said-the-company-is-accelerating-EV-production-and-launches-to-meet-expected/960×0.jpg?fit=scale" alt="Barra said the company is accelerating EV production and launches to meet expected demand" class data-height="844"

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