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General Motors will begin tying a "significant part" of its long-term executive compensation with the company's electric vehicle goals, CEO Mary Barra said Tuesday.

Starting this year, Barra said the compensation targets will include volumes of EVs in North America as well as launch timing and quality for such vehicles.

"At GM, our compensation has always been driven by the company's success. And no one should doubt our commitment to lead in EVs or the passion our team has for that mission," Barra said during the company's first-quarter earnings call.

Barra said the new compensation benchmarks are meant to underscore the company's commitment to EVs. Further details about the EV compensation targets are expected in the company's upcoming proxy filing, which Barra said will be filed Friday.

In 2020, Barra's compensation package was $23.7 million, including a base salary of about $2 million and stock awards of $13 million.

One question Mary...WHICH GM EV's will sell in ENOUGH volumes to make your plans a reality. Because of what WE'VE seen, NONE have the potential. So there BETTER be some winners no one knows about.

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Marra Barra To Tie Executive Compensation To EV Targets. HOW SOON Before The EXODUS Begins?

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