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

Green Car Congress

GM is targeting annual global EV sales of more than 1 million by 2025, and we are increasing our investment to scale faster because we see momentum building in the United States for electrification, along with customer demand for our product portfolio. —GM Chair and CEO Mary Barra.

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General Motors increases EV investment by 75% through 2025

Teslarati

GM is targeting annual global EV sales of more than 1 million by 2025, and we are increasing our investment to scale faster because we see momentum building in the United States for electrification, along with customer demand for our product portfolio.”. Further details about these new U.S. Further details about these new U.S.

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Blazer EV price cut, Dodge electric muscle, Rivian R2 and R3: The Week in Reverse

Baua Electric

The Honda Prologue and Acura ZDX, both based on GM’s Ultium battery and propulsion platform and assembled by GM, will both qualify for the full $7,500 EV tax credit , the brands confirmed this week. That effectively cuts the price of the Leaf, which is made in Tennessee with an American-assembled battery pack, to $25,485 for many households.

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GM reports strong Q1 Earnings, prepares to navigate semiconductor shortage

Teslarati

We continue to expand the availability and capabilities of Super Cruise, the industry’s first true hands-free driver-assistance system. We announced that Ultium Cells LLC, our joint venture with LG Energy Solution, will begin construction of a new battery cell plant in Spring Hill, Tennessee. brand, and one for the Acura brand.

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Cadillac’s ambitious move to an all-electric luxury brand by 2030

Charged EVs

It offers a far more elegant interior than Cadillac’s similarly sized XT6 crossover, and the starting price is just above $60,000, though most will likely sell for $10,000 to $20,000 more, given the array of options and available features. Front view of the 2023 Cadillac LYRIQ driving with headlights on and front grille illuminated.

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Canoo Pickup, Kia EV6, Honda and Mini EV Plans: EV Week in Review – Mar 9-15

EV Adoption

Honda of America sales chief Dave Gardner told reporters one of the electric SUVs will be from the Honda brand, while the other will be an Acura. The link to the reveal was posted only on its European site, which may indicate that its first production EV outside China will be available only in Europe. – March 10, via Forbes.

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