We are just at the beginning of the EV supercycle in the US. If Europe and China are any indicator, once EVs make up 5% of all cars sold, within 4 years almost half the cars sold are EVs. We crossed the 5% mark at the end of 2022, and 7% in Q1. We're clearly on a similar growth curve for EVs.

Car makers giving consumers more and more choice. General Motors is releasing a 450-mile-range Silverado, along with electric versions of the Escalade and Suburban. New companies are popping up to innovate on the user experience - everything from charging to rest stops to servicing EVs.

The recent deal between General Motors and Tesla for a universal charging standard is a watershed moment for the industry. It’s not often that you see the #1 and #2 leaders of an industry collaborating on something like this. With this deal, GM and Tesla are signaling something so much bigger than any one company: a future where owning and driving an EV is accessible to everyone.

It’s been a real inspiration to see Elon’s purity of vision and Mary Barra's commitment to providing the very best to GM customers to make this deal happen.