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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.”. Commercializing U.S.-made Further details about these new U.S.

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GM reports strong Q1 Earnings, prepares to navigate semiconductor shortage

Teslarati

We introduced BrightDrop, a business created to help commercial delivery fleets maximize productivity, improve safety and reduce their carbon footprint. 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. taxis by 2030.

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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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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. March 14, via CleanTechnica.

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