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Topic

Ford Motor Co

GM boosts spending on electric vehicles, to add two new US battery plants

GM boosts spending on electric vehicles, to add two new US battery plants

Published 16 Jun, 2021 07:08pm
  • The No. 1 US automaker said it will now spend $35 billion through 2025 on EVs, an increase of 75% from March 2020 before the COVID-19 pandemic shut down the industry.
  • GMT's announcement comes less than a month after rival Ford Motor Co upped its EV spending by more than a third to over $30 billion by 2030.
Ford's electric Mustang tops Norway car sales in May

Ford's electric Mustang tops Norway car sales in May

Published 01 Jun, 2021 07:18pm
  • Battery electric vehicles made up 60.4% of all new cars sold in Norway last month, the Norwegian Road Federation (OFV) said, up from 43.1% a year ago as the country seeks to become the first to end the sale of petrol and diesel engines by 2025.
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