General Motors is increasingly relying on electric cars

finance

By 2025, the model range in the USA is to consist of 40 percent battery-powered cars.

General Motors is increasingly relying on electric cars

General Motors electric cars.

The largest US automaker General Motors (GM) wants to expand its range of electric vehicles vigorously and spend significantly more money than previously planned.

By the end of 2025, 40 percent of the model range in the USA should consist of battery-powered cars, Group boss Mary Barra announced on Thursday. By then, GM plans to offer 30 fully electric models worldwide.

To this end, investments in battery-powered and self-driving vehicles are to be increased again by a good third to 27 billion dollars (almost 23 billion euros). “Climate change is real and we want to be part of the solution to the solution,” said Barra.

So far, GM has had a hard time with electromobility and looks pretty old, especially in view of the great success of Tesla.

Finally, there were also problems with the current Chevrolet Bolt EV e-model, which required a major recall due to the risk of dangerous battery fires.

Investors scramble for Roblox, a newcomer to the stock exchange

Investors continue to scramble for Roblox, a newcomer to the stock market, which continues the series of interesting stock market Read more

Possible fire hazard: Mercedes calls back 264,000 cars

This affects C-Class and GLC vehicles built between 2016 and 2020. Connections to gas lines in the inerting system could Read more

Leave a Reply