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General Motors increases EV investment by 75% through 2025

Teslarati

General Motors has increased its electric vehicle investment by 75%, from $20 billion to $35 billion through 2025, the company announced on Wednesday. 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.

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GM Returns to Europe With Electric Crossovers

The Truth About Cars

In 2017, General Motors sold Opel and Vauxhall to Frances PSA Group — which later merged with Fiat Chrysler to form Stellantis — basically ending its involvement with the European market. However, the company vowed a return in 2023 and that’s now taking place in Switzerland. Images: General Motors] Become a& TTAC& insider.

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

Green Car Congress

General Motors will increase its EV and AV investments from 2020 through 2025 to $35 billion, representing a 75% increase from its initial commitment announced prior to the pandemic. In November 2020, the company increased its planned investment over the same period to $27 billion. —GM Chair and CEO Mary Barra.

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

EV Adoption

That phrase is a business principle that leaders of customer-centric companies live by. Some of the EVs we saw in GM’s Design Dome (Cadillac Celestiq and probably the unnamed Buick crossover) are clearly targeted for China. Navistar’s FCEV will get energy from two GM Hydrotec fuel cell power cubes.

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Cadillac electrifies its most popular SUV as the Escalade goes EV

Teslarati

Cadillac said it would electrify its most popular SUV as the Escalade will go EV with the introduction of its battery-powered Escalade IQ. Cadillac will roll out the Escalade IQ sometime later this year, and it will join two other SUV EVs that the automaker has rolled out with the Celestiq and Lyriq.

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GM Europe Premieres Opel Ampera,Chevrolet Spark at Geneva Show

Green Car Congress

GM Europe staged the world premieres of the Opel Ampera, the European cousin of the Chevrolet Volt, and the Chevrolet Spark mini-car, at the Geneva Motor Show. The company also held the European premiere of the Cadillac SRX. More than 220 lithium-ion cells in the T-shaped pack provide power. Opel Ampera.

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Analysis: What’s the Best Way to Market EVs?

Clean Fleet Report

But the battery-powered two-wheelers get separate showrooms, sales methodologies and marketing programs aimed at different target audience. All of this made me think about of the differences in the way companies are introducing EVs into their product portfolios. German companies like sub brands. Fine with me.

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