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GM accelerating EV plans with $27 million investment
GM unveils first electric Hummer that can go from 0 to 60 mph in 3 seconds
General Motors unveils its first election Hummer. FOX Business’ Jeff Flock with more.
General Motors is putting its foot on the accelerator to speed up its rollout of electric vehicles.
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The automaker was planning to introduce 20 all-electric models globally by 2025, but is now increasing that to 30.
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CEO Mary Barra told the Barclays Automotive Conference on Thursday that the company is targeting one million electric vehicle sales annually by mid-decade and will spend $27 million to get there, up from a previously announced $20 million.