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GM accelerates electric vehicle plans with billions more in investment

Ben Geman of Axios reports that GM is accelerating their electric vehicle investments.

The C3 Take
  • General Motors is pouring billions of dollars into its electric vehicle development.
  • Part of GM’s strategy includes building two more battery cell manufacturing plants, in addition to the two already under construction in Ohio and Tennessee.
  • The private sector is investing heavily in emissions-reducing technology.

“General Motors plans to boost its cumulative investment in electric and autonomous vehicles to $35 billion from 2020-2025, a significant jump from a $27 billion target.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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