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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. which is developing hydrogen-powered heavy trucks to launch in 2024, and Liebherr-Aerospace, which is developing hydrogen-powered auxiliary power units for aircraft.

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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 addition, GM will add additional US assembly capacity for EV SUVs. —GM Chair and CEO Mary Barra.

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

EV Adoption

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. ” 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

Some of the new and updated models, such as a battery-powered version of Geelys Panda hatchback, may hit the market as early as October, and in some cases they might carry price tags low enough for farmers and other rural residents with limited financial means. Great Wall Motor Co., Brilliance Jinbei Automobile Co. in late 2010.

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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. Bentley’s first electric vehicle is anticipated to debut in 2025, and it will be an SUV based on the VW Group’s Artemis platform. General Motors.

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

EV Adoption

Honda of America plans to sell 2 fully electric SUVs in 2024, Based on GM’s Ultium Platform – Honda confirmed plans to sell two all-electric SUVs in the US for the 2024 model year, and it soon will offer hybrid gas-electric versions of its top-selling models. Batteries and Charging. Kia EV6 | Source: Kia.

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