GM reveals new Ultium batteries and flexible global platform for rapid growth of EV lineup
Green Car Congress
MARCH 5, 2020
Capital Efficiency: GM can spend less capital to scale its EV business because it is able to leverage existing property, including land, buildings, tools and production equipment such as body shops and paint shops. Third-party forecasters expect US EV volumes to more than double from 2025 to 2030 to about 3 million units on average.
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