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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. ” GM announced a while back in March 2020 that it would commit $20 billion to EV and AV programs from 2020 to 2025. kWh lead-acid battery in its earliest versions.

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2025-2035: Rewriting The Automotive History

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A hybrid vehicle runs on gasoline plus a little amount of electricity; the battery powers the car for a few miles and then recharges as it slows down or descends. Finally, there are BEVs which are entirely run on battery alone and have no relationship with a gasoline engine. GM plans to be carbon neutral by 2040, 5.

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

EV Adoption

The reveals of the Canoo pickup and Kia EV6 have heads turning and yet another automaker, BMW-owned Mini this time announced plans that it would only produce battery-electric vehicles from 2030. And EV straggler Honda shed a bit more light on its upcoming EVs built on GM’s Ultium battery and powertrain platform.

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