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, 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 …