General Motors secured its pivot to a high-tech future Wednesday by announcing plans to convert more assembly plants in North America to make electric vehicles by the end of the decade and to double company revenues by that time as it unveils more software and new EVs.
GM leaders revealed new technology, such as an advancement to the automaker’s hands-free driving system, as well as more EV products, including a new Chevrolet Equinox SUV EV priced at $30,000, during its annual Investor Day presentation.
GM leaders told investors that the automaker will also announce a new truck battery plant to be built in the U.S. soon.
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