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

Green Car Congress

GM is targeting annual global EV sales of more than 1 million by 2025, and we are increasing our investment to scale faster because we see momentum building in the United States for electrification, along with customer demand for our product portfolio. —GM Chair and CEO Mary Barra. Separately, GM will supply HYDROTEC to Navistar, Inc.,

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General Motors increases EV investment by 75% through 2025

Teslarati

The car ultimately never made it to mass production, and it was listed on TIME’s “50 Worst Cars of All-Time” list, which is harsh considering it was one of the first attempts at a battery-powered vehicle in the modern age. GM has been relatively successful in its quest for EV powertrains in the 21st century.

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

EV Adoption

” The Honda and Acura EVs will be manufactured at GM plants in North America. Two Navistar fuel cell-powered long-haul trucks. Two Honda and Acura EVs that GM will build at its North American plants. Sales are expected to begin in the 2024 model year in Honda’s United States and Canadian markets.

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Canoo Pickup, Kia EV6, Honda and Mini EV Plans: EV Week in Review – Mar 9-15

EV Adoption

And EV straggler Honda shed a bit more light on its upcoming EVs built on GM’s Ultium battery and powertrain platform. Canoo’s 200-Mile Electric Pickup is Compact Truck With A Full-Size Bed – Canoo (GOEV), the California-based EV start-up revealed its electric pickup with an estimated 200-mile range.

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