Posted on 10/06/2021 12:19:06 PM PDT by Oldeconomybuyer
WARREN, Mich. (AP) — General Motors plans to cash in as the world switches from combustion engines to battery power, promising to double its annual revenue by 2030 with an array of new electric vehicles, profitable gas-powered cars and trucks, and services such as an electronic driving system that can handle most tasks on the road.
In announcements Wednesday ahead of a two-day investor event in suburban Detroit, the company also pledged to unseat Tesla and become the electric vehicle market share leader in U.S., although no time frame was given.
The company also teased upcoming new electric vehicles including a Chevrolet small SUV that will cost around $30,000, as well as electric trucks from Chevrolet and GMC, crossover SUVs from Buick, and luxury vehicles from Cadillac. An electric Chevrolet Silverado pickup truck that can go 400 miles per charge will be unveiled at the CES gadget show in January. A GMC electric pickup will follow.
Electric vehicles will draw new buyers to GM vehicles, according to Reuss. He also said the company is going to create a dedicated factory to build electric trucks, from an existing facility.
The Detroit automaker plans to have more than half of its North American and China factories be capable of making electric vehicles by 2030.
At the same time it’s rolling out new EVs, GM will improve its combustion engine products, including making them more efficient with less pollution, Reuss said.
It also pledged to increase its investment in EV charging networks by nearly $750 million through 2025.
(Excerpt) Read more at apnews.com ...
It’s not the ‘miles per charge’, it’s the TIME per recharge, GM.................
Before or after the flaming recalls. 🔥💰
They tout 400 miles per charge, but don’t say at what speed or load ...........................
It’s GM.
It would take lots of space to fully describe the many poorly engineered and even more poorly assembled cars that dumb*ss suits at GM fooled me into purchasing.
Had Dorkbama the Muslim eunuch quota boy been slightly less inept and corrupt than he was, he might have left that loathsome collection of excrement go bankrupt years ago.
As for me, GM does not exist. Not now. Not in the future.
As with Biden, eff GM.
GM will double their annual revenue due to inflation, not because of smart business.
They can soon stop paying government mandated ransom to Elon Musk.
Sell TSLA short.
Bullshit is getting deep at the empty Renaissance Center.
Fools errand.
The Chevy Bolt is a fine example of EVs.
https://www.google.com/search?client=opera&q=chevy+bolt+fire&sourceid=opera&ie=UTF-8&oe=UTF-8
At $60K it ought to go way further than 400 miles on a charge, even with no cargo.
I love EV’s! It really pisses the Muslims off!
Makes the ChiComs happy, though.
As long as you are driving a 200 mile long downhill.
AP pushing GM pushing EVs.
Government scammers.
Downhill with a tail wind?
I’ve hated GM ever since the bailouts. Will never in my lifetime own one of their vehicles on principle.
Reminder:
Tesla’s Musk Says U.S. Electricity Production Needs to Double to Power Transition to EV Vehicles
https://freerepublic.com/focus/f-news/4000649/posts
No one with a clue is addressing this issue.
I remember how one of Obama’s slogans running for reelection in 2012, was “Bin Laden is dead, and GM is alive”.
That’s what the big bed in the back is for. To hold the 200 mile booster battery.
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