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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

GM also plans to roll out the Cadillac LYRIQ and the Chevrolet Silverado electric pickup in the coming years. “We However, the company is planning to continue launching new models in the future, most notably the GMC Hummer EV. Separately, GM will supply HYDROTEC to Navistar, Inc.

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2025-2035: Rewriting The Automotive History

Get Electric Vehicle

Now the conventional companies face the huge problem of transitioning from an ICE engine culture to an EV culture and this can be scary for the big corporates who have been operating with ICE-powered cars. Finally, there are BEVs which are entirely run on battery alone and have no relationship with a gasoline engine.