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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

Separately, GM will supply HYDROTEC to Navistar, Inc. GM manufactures its fuel cells in Brownstown Charter Township, Michigan, in a joint venture with Honda. assembly capacity for EV SUVs. In addition, GM will add additional U.S. Details will be announced at a later date.

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Cadillac’s ambitious move to an all-electric luxury brand by 2030

Charged EVs

It’s a truck, specifically the Escalade SUV, the gussied-up, very successful ultra-luxury version of the Chevy Suburban. Limiting factor: battery supply. Ultimately, GM will build Ultium-based EVs in North America for its four existing brands (Cadillac, GMC, Buick and Chevrolet) plus one model each for Honda and Acura.