Barra's comments cast doubt on GM's 2025 EV production capacity target.

• The possibility of GM achieving its goal of producing 1 million all-electric vehicles in North America by 2025 is uncertain.
• Despite slower-than-expected demand for EVs, GM's production capacity goal for EVs remained unchanged and was not lowered or withdrawn.
• Further information about GM's EV plans may be disclosed during their second-quarter results announcement on July 23.

According to CEO Mary Barra, the goal of producing 1 million all-electric vehicles in North America by the end of 2025 is heavily in doubt.

The automaker's production capacity target for next year was one of the last EV targets that had not been lowered or withdrawn, as demand for EVs has not materialized as quickly as many companies, including GM, had previously expected.

""Although the market is not developing, we will still reach a million, as we will be guided by the customer," Barra stated at a virtual CNBC CEO Council event on Monday."

Despite withdrawing several EV targets and product plans in the past year, GM has maintained its commitment to installing production capacity for EVs in North America by 2025.

A GM spokesman initially stated that Barra did not confirm the company's inability to meet the production capacity target. He emphasized that the question was about producing 1 million EVs, which was not the objective.

The company has stated that its EV production capacity plans for 2025 are subject to change based on demand.

Further information about GM's EV plans may be disclosed during their second-quarter results announcement on July 23.