General Motors announces $35bn EV investment drive

James Murray
clock • 2 min read

US auto giant says it is increasing it electric and autonomous vehicle investment plans by 75 per cent

General Motors (GM) has announced a dramatic increase in its planned investment in electric and autonomous vehicles, pledging to spend $35bn in support of the transition to zero and low emission vehicles...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James Murray
Author spotlight

James Murray

View profile
More from James Murray

EV market revs up as July posts 50 per cent growth rate

Summertime silence

More on Automotive

'Electric shock': How fossil fuel market volatility could accelerate global EV adoption faster than expected
Automotive

'Electric shock': How fossil fuel market volatility could accelerate global EV adoption faster than expected

Wood Mackenzie report identifies 'electric shock' scenario which could jump start global EV markets through perfect storm of geopolitical drivers and technological advancements

Amber Rolt
clock 13 August 2026 • 4 min read
Analysis: Weakening EV sales targets could cost UK drivers £3bn a year by 2030
Automotive

Analysis: Weakening EV sales targets could cost UK drivers £3bn a year by 2030

Weakening the Zero Emissions Vehicle Mandate would also lead to higher UK oil imports and greenhouse gas emissions, according to Carbon Brief analysis

Michael Holder
Michael Holder
clock 13 August 2026 • 4 min read
'The policy is working': Over 40 organisations urge government to stand firm on ZEV Mandate
Automotive

'The policy is working': Over 40 organisations urge government to stand firm on ZEV Mandate

Letter to Transport Secretary warns weakening current mandated EV sales targets for carmakers would put billions of pounds of committed investments at risk

Michael Holder
Michael Holder
clock 12 August 2026 • 5 min read