General Motors is expanding its NEV lineup in China to restore profitability

From Nasdaq: 2025-04-04 12:39:00

General Motors (GM) remains a key player in China, delivering 442,000 vehicles in Q1 2025, with new energy vehicle (NEV) sales up 53.2% year over year. Despite challenges from local automakers, GM plans to expand its NEV lineup and restore profitability in China this year.

In the face of competition, Tesla’s China-made EV sales dropped year over year, while BYD Co Ltd delivered more battery electric vehicles (BEVs) in Q1 2025, surpassing Tesla. GM’s shares have declined 14% year to date, but with a forward P/E ratio of 3.96 and a Value Score of A, there’s potential for growth.

GM’s stock currently holds a Zacks Rank #3 (Hold), as its Q1 EPS estimate declined while Q2 estimates rose. Full-year 2025 EPS estimates have increased, showing positive momentum for the company’s future performance in the market. Stay updated on GM’s progress in China amid fierce competition.



Read more at Nasdaq: How’s General Motors Faring in China Amid Fierce Competition?