The New Paper

June 17, 2021

GM increases EV and AV spend target

General Motors announced plans to increase electric and autonomous spending to $35B by 2025, representing a 30% increase from targets announced in November. The increase comes amid an ongoing push by traditional automakers into the electric and autonomous vehicle segment.
This story is from the June 17, 2021 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.