By 
TechCrunch
GM says it will double revenue by 2030, take EV market share from Tesla
GM said Wednesday it will double its revenues by the end of the decade and take over the market share of EVs — a spot that Tesla currently enjoys — all while increasing profit margins for its internal combustion engine vehicles. The ambitious goal, outlined during GM’s two-day investor event that kicked off Wednesday, will be reached by selling a range of electric vehicles and software-based services and offering technology, including a new version of its hands-free advanced driving assistance system that the automaker claims will work in 95% of all driving scenarios and eventually be used on every paved road in the U.S. and Canada. GM said it aims to hit $280 billion in annual revenues by 2030, which is more than double the $122.5 billion in sales it reported for 2020.
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