The corporate additionally introduced its manufacturing expectations in gentle of the worldwide chip scarcity and the ensuing manufacturing bottlenecks.
Electrical automobile gross sales have surged lately as customers commerce of their combustion engines for a set of battery-powered wheels. On the identical time, automotive producers are investing in autonomous automobile capabilities and testing these fashions on roadways across the globe. On Wednesday, Basic Motors introduced that it was growing its investments into EVs and AVs by 75% ($35 billion) by way of 2025.
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“We’re investing aggressively in a complete and highly-integrated plan to ensure that GM leads in all facets of the transformation to a extra sustainable future,” mentioned GM Chair and CEO Mary Barra, in a press launch. “GM is concentrating on annual international EV gross sales of greater than 1 million by 2025, and we’re growing our funding to