Will Biden’s EV gamble pay off?

President Biden wants half of all new vehicle sales to be electric vehicles (EVs) by 2030, and he’s trying to accelerate that transition with tougher tailpipe emission rules for cars, sport utility vehicles, and pickup trucks.

US GM sales boost Q1 profits 

Although GM’s average transaction price dropped slightly, prices remained strong as sales in the U.S., GM’s most lucrative market, rose almost 18% during the quarter.