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GM Will Boost Its EV Spending Through 2025, Build Two New Battery Plants

fordauthority.com
 2021-06-16

Cover picture for the articleThis year alone, Ford has announced two separate increases in its planned EV spending between now and 2025 – once from $11.5 billion to $22 billion, and most recently, it once again increased that number to $30 billion. Now, General Motors is following suit by boosting its planned autonomous vehicle and EV spending through 2025 from $20 billion to $35 billion, according to a new report from Reuters.

fordauthority.com

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