General Motors announced that Cadillac will be at the vanguard of the company’s move towards an all-electric future, again boosting its investments in electric and autonomous vehicles. — Cadillac/General Motors/AFP
General Motors is hitting the accelerator on its drive towards electric autos, significantly boosting its near-term investments as it unveils new models and builds production capacity.
The biggest US automaker announced it will raise spending by 30% to US$35bil (RM144.64bil) through 2025 and plans to build two additional battery cell plants. Some of the funds also will go to its autonomous vehicle programme.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
