GM is about to start making money on its electric vehicles by the end of this year, right on schedule, CEO Mary Barra told The New York Times. Barra also told the publication that GM will still phase out the sales of internal combustion engine vehicles by 2035,

General Motors CEO Mary Barra said the company has made moves to capitalize on the growing importance of electric vehicles.

Mary Barra warns of fierce competition from Chinese EV makers, stressing GM must offer affordable options to remain competitive.

Mary Barra is sounding the alarm. GM’s CEO warned that China’s escalating EV price war is putting automakers globally