That doesn't say much for GM if Barra thinks it will take until 2035 to catch up. Is she kidding? Not sure who Yerevan is?
If GM could catch up with Tesla by 2035 that would be quite an accomplishment. However, due to a number of reasons that is virtually impossible, and with that statement she is a laughing stock with all automotive reporters.
Between 1996 and 1999, GM was in excellent position with EV1, the first ever mass-produced electric vehicle.
EV1. The cars were not bad, but GM killed that model and bought back all EV1s from their customers.
A few months ago GM stopped production of the Chevy Bolt EV after a number of battery fires prompted a massive fiasco / recall that has already cost the company nearly $2 billion. Right now, GM doesn't have any electric cars. Out of desperation, they entered into questionable joint ventures with Nikola and Lordstown Motors. Both ventures were cancelled this year. Now, they are pinning their hopes on all electric Cadillac Lyric and Hummer which should be released in late 2022. However, these cars will be expensive and produced in relatively small quantities, so they won't make a dent in paying off over $100B GM's debt. Big talk, but no realistic chance for them to succeed and grow. By the way, GM's market share in the last 50 years shrunk from 54% to 16% (if I remember those numbers correctly). If they won't go bankrupt, they may survive, but will emerge as a much smaller player.
For more information, just search youtube or Google for "GM bankruptcy". Here is one youtuber's report about GM's looming bankruptcy.
https://www.youtube.com/watch?v=wRl_dT_XcxA
