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November 19, 2020 06:01 pm GMT

GM ups electric and autonomous vehicle spending to $27 billion through 2025

General Motors said it will spend $27 billion over the next five years on the development of electric vehicles and automated technology, a 35% percent increase that exceeds the automaker’s investment and gas and diesel and is an effort bring products to market faster. More than half of GM’s capital spending and product development team […]

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