GM’s 35 Billion Dollar Investment in Electric Vehicles

While the investment expenditures for electric and autonomous vehicles have been revised and increased for the third time by General Motors (GM), the US automobile company, 35 billion dollars will be invested in electric cars until 2025, in addition to 2 factories under construction, 2 battery factories in the USA. further implementation is planned.

Announcing that it will invest 20 billion dollars in electric cars at the beginning of 2020, GM increased its investment targets to 27 billion dollars in November, and this new revision is 75% more than the investment announced before the pandemic period and 30% more than the investment revised in November 2020.

The organization plans to launch 30 new electric vehicles worldwide by 2025, with more than two-thirds of them on sale in North America. The vehicles will meet the buyers with Cadillac, Buick, GMC and Chevrolet brand types and prices.

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