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

Green Car Congress

Expanding and accelerating the rollout of EVs for retail and fleet customers: In November 2020, GM announced it would deliver 30 new EVs by 2025 globally, with two-thirds available in North America. In addition, GM Financial will provide a multi-year, $5 billion credit facility for Cruise to scale its Cruise Origin fleet.

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2025 Toyota Camry, 2024 Porsche 911 S/T: Automobile Information Headlines

Baua Electric

Rimac is most likely perfect identified for its electrical hypercars, however the Croatian corporate could also be a provider of EV era to the key automakers. Now it plans to leverage its EV era to build battery-based power reserve techniques for business.

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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. In addition, GM Financial will provide a multi-year, $5 billion credit facility for Cruise to scale its Cruise Origin fleet. Separately, GM will supply HYDROTEC to Navistar, Inc.

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Sony & Honda Joins Hands Launch Premium EVs In the US By 2026

Get Electric Vehicle

Honda, like its larger rival Toyota Motor, has been hesitant to transition to an electric fleet. It has also struggled to achieve traction in the luxury automobile market with its Acura brand throughout the years. The two corporations are exploring a European debut, but no date has been determined.

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News: 2025 Honda CR-V e:FCEV

Clean Fleet Report

Carbon neutrality for all Honda products and corporate activities by 2050. Make sure to opt-in to the Clean Fleet Report newsletter (top right of page) to be notified of all new stories and vehicle reviews. The post News: 2025 Honda CR-V e:FCEV first appeared on Clean Fleet Report.

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China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

" One key move GM is counting on to make the Volt more affordable in China is government incentives, whether they are cash incentives for customers or subsidies for fleet purchases by government agencies. "Theyre very much interested in the payback, so we have to be [make sure] value is there."

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