General Motors Trading Volume Plummets 78% to 361st Rank Despite EV Expansion

On June 23, 2025, General Motors (GM) saw a significant drop in trading volume, with a total of 2.35 billion shares traded, marking a 78.04% decrease from the previous day. This placed GM at the 361st position in terms of trading volume for the day. Despite the decline in trading volume, GM's stock price showed resilience, with a slight increase of 0.64% over the past two days, accumulating a total gain of 0.87%.

General Motors has been actively expanding its electric vehicle (EV) production capabilities. The company recently announced plans to invest $7 billion in its Michigan assembly plant to increase EV production. This investment is part of GM's broader strategy to become a leader in the EV market, aiming to produce 1 million EVs annually by 2025. The company's focus on EV production is driven by the growing demand for sustainable transportation solutions and the need to reduce carbon emissions.

In addition to its investment in EV production, General Motors has also been exploring partnerships with other companies to enhance its technology and innovation capabilities. The company recently announced a collaboration with a leading technology firm to develop advanced driver-assistance systems (ADAS) for its vehicles. This partnership is expected to improve the safety and efficiency of GM's vehicles, making them more competitive in the market.

General Motors has also been focusing on improving its supply chain management to ensure the timely delivery of its vehicles. The company recently announced that it has signed agreements with several suppliers to secure the supply of critical components for its EV production. This move is expected to help GM meet the growing demand for EVs and maintain its production targets.