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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 unveils the Chevrolet Silverado EV, coming in 2024

Teslarati

Chevrolet, a General Motors brand, unveiled the 2024 Chevrolet Silverado EV today, the all-electric version of the automaker’s best-selling pickup truck. In fact, it will definitely be an option for consumers who are looking to pick up their first battery-powered pickup.

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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 addition, GM Financial will provide a multi-year, $5 billion credit facility for Cruise to scale its Cruise Origin fleet.

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False Starts: The Story of Vehicle-to-Grid Power

Cars That Think

Around the same time, however, General Motors and other automakers were in the process of decommissioning their battery EV fleets, the key component of V2G. If too much or too little electricity is present in the power grid, the network can suddenly become unbalanced.

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GM and LG jointly to develop EVs; expanding corporate partnership in multiple areas

Green Car Congress

General Motors and LG Group will jointly design and engineer future electric vehicles, expanding a relationship built on LG’s work as the battery cell supplier for the Chevrolet Volt and Opel Ampera extended-range EVs. For LG, the arrangement represents a widening of its portfolio as an automotive solution provider.

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

EV Adoption

In particular, we often see production delays and reduced volumes from what the market was initially led to believe and what may often be well below actual consumer demand. The 15 years in the future 2035 aspiration to stop selling gas- and diesel-powered vehicles is clearly a long way off and a lot can change in that timeframe.

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Volt for Real?

Plug In Partners

F or those who think that GM is not serious about its new PHEV , the Volt , here is a piece that makes you think they are: The Volt To Be Lutz's Legacy May 21, 2007 So, I heard General Motors’ Bob Lutz on National Public Radio’s “Wait. Estimates vary. But given the fact that something like 75% of driving in the U.S.

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