Mary Barra, the CEO of General Motors (GM), recently made a groundbreaking announcement regarding the company’s plans to advance its electric vehicle goals by 2024. This move comes as part of GM’s commitment to sustainability and reducing its carbon footprint.
Barra revealed that GM aims to increase its investment in electric vehicles (EVs) and autonomous vehicles to $27 billion by 2024, up from the previous goal of $20 billion. This significant increase in investment underscores GM’s dedication to transitioning to a more sustainable future and leading the way in the EV market.
One of the key initiatives announced by Barra is the launch of 30 new electric vehicles globally by 2025, with two-thirds of those vehicles available in North America. This ambitious goal demonstrates GM’s commitment to expanding its EV lineup and offering consumers more options when it comes to electric transportation.
In addition to expanding its EV lineup, GM also plans to invest in battery technology and infrastructure to support the growing demand for electric vehicles. The company aims to build two new battery cell manufacturing plants in the United States by 2025, in partnership with LG Chem and other suppliers. These new facilities will help GM secure a stable supply of batteries for its electric vehicles and reduce its reliance on external suppliers.
Furthermore, GM is working on developing a new Ultium battery platform that will power its next generation of electric vehicles. This new platform will offer improved range, performance, and affordability, making electric vehicles more accessible to a wider range of consumers.
Barra’s announcement has been met with enthusiasm from environmental advocates and industry experts alike. By accelerating its electric vehicle goals, GM is positioning itself as a leader in the transition to a more sustainable transportation system. With its increased investment in EVs, battery technology, and infrastructure, GM is paving the way for a cleaner, greener future.
Overall, Mary Barra’s announcement regarding GM’s plans to advance its electric vehicle goals by 2024 is a significant step forward in the company’s sustainability efforts. By investing in electric vehicles, battery technology, and infrastructure, GM is demonstrating its commitment to reducing its carbon footprint and leading the way in the transition to a more sustainable transportation system.
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- Source: https://zephyrnet.com/gm-will-be-executing-on-its-ev-ambitions-in-2024-says-ceo-mary-barra-autoblog/