General Motors plans to increase its global investment in the development of electric and autonomous vehicles by 30 percent, Reuters reports.
This brings the total to 35 billion dollars, almost 29 billion euros, between now and 2025. Remarkable, because the American group already went a step further. General Motors therefore wants to play a leading role when it comes to EVs, although it seems that we Europeans will hardly benefit from this after the sale of Opel.
At GM, they obviously keep a close eye on big rival Ford. The brand with the blue logo recently indicated that it is investing many billions in the development of EV platforms, so GM can not be left behind. The extra money will go to the construction of two extra battery factories in the US, the anonymous sources of Reuters report.