DETROIT – Common Motors can “completely” catch Tesla in U.S. gross sales of electrical car by 2025, CEO and Chair Mary Barra informed CNBC on Wednesday.

Barra mentioned an inflow of recent merchandise, together with the soon-to-be-released GMC Hummer pickup and Cadillac Lyriq in addition to an upcoming Chevrolet crossover, will assist the corporate beat Tesla. The automobiles are a part of GM’s plan to launch at the very least 30 EVs by 2025.

“I’m very comfy as a result of when folks get into these automobiles, they’re simply wowed,” Barra mentioned throughout CNBC’s “Squawk Field.” “So we will probably be rolling them out and we’ll simply maintain working till we’ve got primary market share in EVs.”

Barra’s feedback come weeks after the automaker mentioned it deliberate to be the chief in EV gross sales within the U.S., however the firm didn’t launch a timeframe to take action.

After years of dominating gross sales of EVs within the U.S., Tesla’s market share is waning. IHS Markit expects Tesla’s home market share of electrical automobiles to drop from 79% final yr to 56% in 2021. IHS expects Tesla’s share to proceed to decrease to twenty% in 2025, as bigger automakers corresponding to GM launch an inflow of recent automobiles.

Mid-decade is also when LMC Automotive expects Common Motors to surpass Tesla because the nation’s largest EV vendor.

GM beforehand projected its EV income to develop from about $10 billion in 2023 to roughly $90 billion yearly by 2030 as the corporate launches new fashions.

Tesla didn’t instantly reply for remark.