6 million $man- bar humbug try 27 billion
Some days it is wow[thumbsupbig]GM ups spending on EVs and autonomous cars by 35% to $27 billion GM to accelerate EV plans, plans to spend up to $27 billion
- The increase in investment will support GM’s plans to release 30 new EVs globally by 2025, including more than 20 for North America.
- GM said it has moved up the release of 12 EVs, including pickups for its Chevrolet and GMC brands.
We already know they are invested in a Hydrogen FCEV via Nikola. BEV of FCEV options growing daily.
Add in this Gem "Our Ultium Batteries and Platform: Ultium represents a milestone achievement in electrification, with battery pack costs nearly 40 percent lower than those in the Chevrolet Bolt EV. GM projects that second generation Ultium packs will cost nearly 60 percent less than the batteries used today. Its versatile platform provides the building blocks for everything from mass market to high performance vehicles – all from a single, common cell in most markets and set of interchangeable propulsion components. Ultium battery cells will be manufactured in Lordstown, Ohio as part of our joint venture with LG Chem."
They noted the cost will be similar to current ICE petrol and diesel[biggrin]
