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General Motors increases EV investment by 75% through 2025

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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. kWh lead-acid battery in its earliest versions. ” GM announced a while back in March 2020 that it would commit $20 billion to EV and AV programs from 2020 to 2025. .”

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2025-2035: Rewriting The Automotive History

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According to the research, dropping battery prices will drive and accelerate this shift, allowing EVs to attain price parity with internal-combustion automobiles and market supremacy by 2035. There is no longer any dispute that the automobile industry is transitioning to electric vehicles.

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

EV Adoption

Another crazy week in the world of EVs, with lots of announcements on the automaker and battery front. 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. Batteries and Charging.

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