U.S. automaker General Motors announced it’s making a $20 billion investment by 2025 in electrification, including EV architecture development, battery cell development and investments in EV charging infrastructure.
The automaker also revealed its new Ultium electric vehicle propulsion architecture today as part of the company’s “EV Day”, an event where GM shared its strategy to grow its electric vehicle sales and transition the company for its future.
Speaking at today’s event at GM’s Technical Center in Warren, Michigan, General Motors president Mary Barra reiterated the company’s goal of selling 1 million electric vehicles annually in the U.S. and China by 2025.
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