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General Motors increases EV investment by 75% through 2025

Teslarati

General Motors has increased its electric vehicle investment by 75%, from $20 billion to $35 billion through 2025, the company announced on Wednesday. The plan is to eventually transition its entire fleet of vehicles to be fully electric, but the company doesn’t plan to accomplish this until 2035.

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GM to boost EV and AV investments 75% to $35B through 2025; new battery plants

Green Car Congress

General Motors will increase its EV and AV investments from 2020 through 2025 to $35 billion, representing a 75% increase from its initial commitment announced prior to the pandemic. In November 2020, the company increased its planned investment over the same period to $27 billion. Separately, GM will supply HYDROTEC to Navistar, Inc.,

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What Does GM’s “30 New EVs By 2025” Promise Mean for the US Market?

EV Adoption

That phrase is a business principle that leaders of customer-centric companies live by. ” The Honda and Acura EVs will be manufactured at GM plants in North America. ” The Honda and Acura EVs will be manufactured at GM plants in North America. Two Navistar fuel cell-powered long-haul trucks.

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China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

Alternative-fuel cars were some of the hottest items on display at the Shanghai auto show from homegrown companies like Geely Automobile Holdings Ltd., Alternative-fuel cars were some of the hottest items on display at the Shanghai auto show from homegrown companies like Geely Automobile Holdings Ltd., Great Wall Motor Co.,

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2025-2035: Rewriting The Automotive History

Get Electric Vehicle

But now we are going to replace the engine altogether with more efficient electric motors and that is going to be a game-changer. According to the research, dropping battery prices will drive and accelerate this shift, allowing EVs to attain price parity with internal-combustion automobiles and market supremacy by 2035.

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Canoo Pickup, Kia EV6, Honda and Mini EV Plans: EV Week in Review – Mar 9-15

EV Adoption

The as-of-yet unnamed truck will be offered in dual- or rear-motor configurations, with output ranging up to 600 horsepower and 550 pound-feet of torque. According to the company, the pickup will be open for pre-orders in the second quarter of 2021, with deliveries starting “as early as 2023.” – March 10, via Green Car Reports.

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