GM INCREASINGLY PREPARED FOR VEHICLE ELECTRIFICATION
By Éric Descarries
According to a recent report in the trade magazine Automotive News, American giant General Motors is increasingly prepared to transform its production to electrification, as the automaker has just affirmed that it will produce more EVs in all segments, and at more affordable prices. It plans to go all electric in North America as early as 2035, with Cadillac and Buick leading the way by 2030.
GM is already producing top-of-the-range EVs, including the GMC Hummer EV and the Cadillac Lyric. This advance will continue with electric versions of the Chevrolet Silverado pickup, Equinox SUV and Blazer CUV. GM executives are working hard to have the capacity to produce more than 1,000,000 EVs annually in North America by 2025, a figure they expect to reach thanks to the Ultium platform and upcoming plants in Tennessee and Michigan (in addition to the one already operating in Ohio) created with partners.
GM recently pledged investments of up to US$35 million between now and 2025. The automaker expects to spend between US$11 and US$13 billion this year, 75% of it on electrification and vehicle autonomy, a type of budget that is set to continue at the same pace until 2025.