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

Green Car Congress

Key factors changing the decision landscape include strong public reaction to the GMC HUMMER EV and HUMMER EV SUV, the Cadillac LYRIQ and the Chevrolet Silverado electric pickup; GM and dealer investments in the EV customer experience; public and private investment in EV charging infrastructure; and the global policy environment.

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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. assembly capacity for EV SUVs.

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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. On January 28 GM announced that it plans (aspires) to exclusively offer electric vehicles by 2035, ending production of its cars, trucks and SUVs with diesel- and gasoline-powered engines. 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., Brilliance Jinbei Automobile Co.

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2025-2035: Rewriting The Automotive History

Get Electric Vehicle

The report says that the automakers would invest more than $515 billion between now and 2025 in creating new EV models and battery production facilities. According to the research, 13 companies intend to invest in battery factories in six locations in the United States and $75 billion is the expected expenditure.

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

EV Adoption

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. Honda of America sales chief Dave Gardner told reporters one of the electric SUVs will be from the Honda brand, while the other will be an Acura.

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