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20 Nov
12:57

GM increases investments, accelerates EV rollout

General Motors (GM) is boosting its investment in electric vehicles (EV) by a further $7 billion and accelerating the roll-out of its EV models, Kallanish reports. The Detroit-based car manufacturer announced on 19 November its strategy to invest over $27 billion in EV and autonomous vehicle (AV) development, up from $20 billion pledged before the onset of the Covid-19 pandemic. GM intends to launch 30 all-electric vehicles by the end of 2025, 40% of which will b…
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