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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

The car ultimately never made it to mass production, and it was listed on TIME’s “50 Worst Cars of All-Time” list, which is harsh considering it was one of the first attempts at a battery-powered vehicle in the modern age. GM has been relatively successful in its quest for EV powertrains in the 21st century.

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2025-2035: Rewriting The Automotive History

Get Electric Vehicle

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. Chevrolet also just improved the Bolt EV, and an electric version of the Silverado pickup using Ultium batteries will be available in 2023 or 2024, with a range of 400 miles.