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General Motors increases EV investment by 75% through 2025

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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.

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2025-2035: Rewriting The Automotive History

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A recent report from the Environmental Defense Fund indicates that electric vehicle sales volumes are growing at a rapid pace, signalling an epochal shift in the auto industry over the next decade. Despite that and other numerous issues, the electric vehicle sector has gained traction in the previous year.

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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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