GM to spend $750 million to develop EV charging infrastructure by 2025

GM has an event scheduled for the second day of its “Investor Day” today where it will reveal more about its Altium charging products.


GM has been investing heavily in EVs of late

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GM has been investing heavily in EVs of late

As part of GM’s ambition to become an entirely EV-focused brand, it announced at its “Investor Day” event that it will spend $750 million in North America to develop EV charging stations in the US. and Canada are both included. It will start spending on the charging network between now and 2025, in line with its promise to launch 30 new electric-only models by 2025.

Charging infrastructure covers all domains – home charging, workplace charging and even public charging stations – so this number includes all types of charging networks.

“Today, GM is announcing an increase in our investment in charging infrastructure to nearly three-quarters of a billion dollars by 2025, a significant increase in GM EV owners’ access to reliable Level 2 and fast charging with the improved customer experience of the Altium Charge 360. This investment will accelerate building infrastructure in home, workplace and public charging across the US and Canada, and is a key enabler for GM’s EV adoption,” said Ken Morris, head of electric, autonomous and fuel cell vehicle programs at GM. VP said.

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GM is using new types of batteries that are branded Altium

Morris said the charging experience will revolve around the GM Altium Charge 360 ​​format. “For wider EV adoption, GM understands that a convenient and robust charging experience is fundamental. The Altium Charge 360 ​​is our solution that supports EV owners, dealers and fleets. It is our mobile app, charging network, services, and more. and products. Provide the best charging experience for GM EV owners at home, at work, or on the go.”

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GM has an event scheduled for the second day of its “Investor Day” today where it will reveal more about its Altium charging products. It is using the Altium brand for its new pouch cell batteries, the new drive motors seen in the Hummer EV and now services around this brand as well.

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