General Motors is investing more money in electric vehicle and self-driving technology, adding capacity at its car assembly factories and building two new battery plants in an aggressive effort to advance and lead in EV sales.
In a wide-sweeping announcement Wednesday, GM said it will increase its investment in EV and autonomous vehicle technologies to $35 billion through 2025, a 75% boost from its initial commitment in early 2020.
“We are investing aggressively in a comprehensive and highly-integrated plan to make sure that GM leads in all aspects of the transformation to a more sustainable future,” said GM CEO Mary Barra in a statement.
Read the article at Detroit Free Press.