The CEO of General Motors, Mary Barra, blamed an automation equipment supplier for the organization’s slow production of its new electric vehicles. This comes after Wall Street analysts predicted GM would be able to catch up to Tesla in terms of EV production rates, according to CNBC.

“We have experienced unexpected delays in the ramp because our automation equipment supplier has been struggling with delivery issues that are constraining module assembly capacity,” Barra said during a quarterly earnings call held July 25.

Barra added that she was disappointed with the supplier and that GM has been surprised by the minimal progress made by the unnamed organization.

The company was able to produce 50,000 EVs during the first half of 2023 for the North American market, aligning with GM’s internal targets. Most of that production focused on GM’s Chevy Bolt vehicles rather than new EVs that utilize the company’s Ultium batteries.

Barra did say that she predicts the company will make significant production improvements through the end of 2023 since manufacturing limitations are mostly expected to be behind GM at that point. She also said that the organization still plans on producing 100,000 vehicles in North America during the second half of 2023 with the production of 400,000 automobiles expected to be complete by the middle of 2024.

Shares of GM fell by about 4% on the morning of July 25 despite quarterly results that topped 2022’s Q2 performance.