article thumbnail

General Motors to produce zero-emission commercial vehicles

Teslarati

General Motors signed a joint development agreement with Autocar Industries, LLC, to produce zero-emission commercial vehicles. As hinted by the name HYDROTEC, General Motors and Autocar’s partnership will utilize hydrogen fuel cells to produce commercial vehicles. It is a market leader in customized commercial trucks.

article thumbnail

General Motors has spent nearly $1B on Bolt EV recall

Teslarati

General Motors knocked off nearly $1 billion from its net income in Q2 2021 because it repaired faulty battery cells in the Chevrolet Bolt EV. GM has a goal to be fully electric by 2035. News’ Best Electric Vehicle award for 2021. In its Q2 2021 results overview released on August 4th, GM reported $34.2

article thumbnail

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.

article thumbnail

General Motors’ new EVs could help double revenue, compete with industry leaders

Teslarati

General Motors has long talked about its plans to expand its lineup of electric vehicles, with plans to be fully electric by 2035. General Motors secures supply for silicon carbide chips for its next-gen EVs. GM said it will be available on more than two million miles of U.S.

article thumbnail

General Motors' Fleet Customers Ordering Chevrolet Silverado EV

InsideEVs

On average, the brand's fleet customers are ordering over 200 fully electric Silverados for the future.

article thumbnail

Cadillac moving to mostly fully electric vehicles by 2030—and back to model names

Green Car Reports

General Motors’ Cadillac luxury brand is aiming to release its first electric vehicle as soon as 2021 in China, with most if not all of its vehicles sold globally to be fully electric by 2030.

Cadillac 121
article thumbnail

General Motors Is Benchmarking Tesla Model S Plaid

InsideEVs

GM has plenty of fully electric models in the pipeline. A Tesla Model S Plaid rival is a no-brainer.