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

Green Car Congress

Key factors changing the decision landscape include strong public reaction to the GMC HUMMER EV and HUMMER EV SUV, the Cadillac LYRIQ and the Chevrolet Silverado electric pickup; GM and dealer investments in the EV customer experience; public and private investment in EV charging infrastructure; and the global policy environment.

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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. GM also plans to roll out the Cadillac LYRIQ and the Chevrolet Silverado electric pickup in the coming years. “We Separately, GM will supply HYDROTEC to Navistar, Inc.

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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. 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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