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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 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. Separately, GM will supply HYDROTEC to Navistar, Inc. assembly capacity for EV SUVs.

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

EV Adoption

And it is looking through that lens that I wanted to dive into GM’s most recent electric vehicle “supply” promise. On January 28 GM announced that it plans (aspires) to exclusively offer electric vehicles by 2035, ending production of its cars, trucks and SUVs with diesel- and gasoline-powered engines.

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2025-2035: Rewriting The Automotive History

Get Electric Vehicle

The Electric Vehicle Market Update, the fifth in a series of reports tracking EV growth point outs, The disruption of the supply chain during Covid has affected the automobile industry in the last few years. Revisit the supply chain structure. The Lyriq crossover SUV will be the company’s initial product next year.