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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. Separately, GM will supply HYDROTEC to Navistar, Inc.,

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General Motors increases EV investment by 75% through 2025

Teslarati

The car ultimately never made it to mass production, and it was listed on TIME’s “50 Worst Cars of All-Time” list, which is harsh considering it was one of the first attempts at a battery-powered vehicle in the modern age. GM has been relatively successful in its quest for EV powertrains in the 21st century.

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

EV Adoption

Some of the EVs we saw in GM’s Design Dome (Cadillac Celestiq and probably the unnamed Buick crossover) are clearly targeted for China. The exteriors and interiors of the new EVs will be exclusively designed by Honda, while the GM platform wil be engineered to support Honda’s “driving character.”

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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. Mullen will also spend about $26 million renovating the building at the site, which was formerly inhabited by Nike but has been vacant for the past five years.

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