Also General Motors has decided to increase in an important way investments in electric and self-driving cars. Overall, the automaker will put & agrave; on the plate well 35 billion dollars until 2025 . This is an increase of about 30% compared to the 27 billion dollars announced in November 2020. Indeed, GM will invest; 75% more; compared to what was established before the outbreak of the pandemic (20 billion dollars).
Microsoft together with Cruise and General Motors p for autonomous driving class = “cat_auto”> Auto 19 Jan
THE NEW INVESTMENT PLAN
The American manufacturer intends, with this new plan, to become one of the main players in the electric vehicle market in North America and in the battery sector thanks to the Ultium platform . Also, through Cruise , aims to be the first to commercialize autonomous driving technology on a large scale. In November 2020, General Motors announced that it would launch 30 new electric vehicles by 2025 globally, two-thirds of which are available in North America.
Thanks to these new investments, the builder will be; able to debut additional vehicles in North America that will be able to take advantage of Ultium batteries. Furthermore, amplier & agrave; the production of electric SUVs in America. More details, from these points of view, will be communicated more & ugrave; forward. But it is not enough, because & eacute; General Motors plans to build two new cell manufacturing factories on American soil by mid & agrave; of the decade that will join those of Tennessee and Ohio. Further details on the new plants will be provided after GM points out.
The new plan will allow & agrave; also to continue the development of Hydrotech Fuel Cell solutions that will be used, for example, on heavy vehicles and trains. Add to this that General Motors has decided to further finance Cruise with $ 5 billion to start pre-production of its Origin self-driving shuttle. The actual construction of this vehicle will begin; in 2023.
General Motors is not; the only American manufacturer that recently announced greater investments in the field of electric and autonomous driving. Just last month, for example, Ford announced that it intends to spend $ 30 billion by 2030 on electrification. Certainly, to weigh on GM's decision not only a market that is more and more; is moving towards battery-powered models but also the promise by the Biden government of a big plan to support the development of electric cars and their entire ecosystem in America.
GM currently only sells Chevy Bolt and Chevy Bolt EUVs. In addition, it markets compact electric vehicles in China thanks to its collaboration with SAIC. On the market soon it will debut & agrave; the electric Hummer to follow the SUV model. Subsequently, it will come & agrave; the Cadillac Lyriq and then the Celestiq.
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