General Motors is planning to spend 35-billion dollars by 2025 to invest in electric and autonomous vehicles.
That’s a 30-percent increase from the original spending plans announced in late 200.
Much of the spending will go toward building 2 new factories in the U-S to produce batteries for the electric vehicles.
That’s on top of the two new battery factories GM is currently building.
CEO Mary Barra says she wants GM to “lead in all aspects” to help build a sustainable future.
GM says it plans to sell more than one-million electric vehicles annually by 2025.
So far though, due to limited range and few options for refueling on the road, American consumers have not taken to electric cars they way the major car producers had anticipated.
In California, the problem of refueling become even bigger, as major utility companies warn of pending power shut-off’s due to high heat and windy weather conditions, and the cost of electricity being very expensive in California.
FILE – In this Jan. 25, 2010 file photo, a General Motors Co. logo is shown during a news conference in Detroit. General Motors said Tuesday, June 8, 2010, it is recalling about 1.5 million vehicles worldwide to address a problem with a heated windshield wiper fluid system that could lead to a fire. (AP Photo/Paul Sancya, File) June 16t 2021