GM’s second-generation Ultium chemistry is projected to deliver twice the energy density at less than half the cost of today’s chemistry.More than half of GM’s capital spending and product development team will be devoted to electric and electric-autonomous vehicle programs.GM’s versatile Ultium platform provides the building blocks for everything, from mass market to high performance vehicles – all from a single, common cell in most markets and a set of interchangeable propulsion components.
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GM’s Ultium-based EVs, when produced, will be capable of driving ranges up to 450 miles on a full charge 1. Engineering advances have increased the previously stated GM-estimated maximum range of Ultium-based vehicles from 400.Cadillac, GMC, Chevrolet and Buick will all be represented, with EVs at all price points for work, adventure, performance and family use. By 2025, GM will launch 30 EVs around the world, and more than two-thirds will be available in North America.We can accelerate our EV plans because we are rapidly building a competitive advantage in batteries, software, vehicle integration, manufacturing and customer experience.”Īt the virtual Barclays Global Automotive Conference, Barra and Doug Parks, GM executive vice president of Global Product Development, Purchasing and Supply Chain, will share key elements of GM’s plan, including: “We are transitioning to an all-electric portfolio from a position of strength and we’re focused on growth. “Climate change is real, and we want to be part of the solution by putting everyone in an electric vehicle,” said Barra. Barra also announced an increase in GM’s financial commitment to EVs and AVs today to $27 billion through 2025 – up from the $20 billion planned before the onset of the COVID-19 pandemic. entries will be battery electric vehicles by the end of 2025. (NYSE: GM) Chairman and CEO Mary Barra revealed that the company will offer 30 all-electric models globally by mid-decade. GM ups full-charge maximum range of Ultium-based EVs to 450 milesĭETROIT – General Motors Co.By mid-decade, GM’s Ultium battery packs projected to cost 60 percent less than today’s packs with twice the energy density.More than $27 billion in planned EV and AV product spending to exceed GM’s gas and diesel investment.Thirty new global EV launches planned through 2025.
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