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GM to boost EV and AV investments 75% to $35B through 2025; new battery plants

Green Car Congress

which is developing hydrogen-powered heavy trucks to launch in 2024, and Liebherr-Aerospace, which is developing hydrogen-powered auxiliary power units for aircraft. In addition, GM Financial will provide a multi-year, $5 billion credit facility for Cruise to scale its Cruise Origin fleet.

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General Motors increases EV investment by 75% through 2025

Teslarati

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

EV Adoption

” They have suggested, however, that around “two-thirds” of the the 30 vehicles would be available in the North America. And secondly, on the truck front, GM faces significant competition with the upcoming Tesla Cybertruck, Rivian R1T, Ford F-150 and Lordstown Endurance in the fleet market.

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