General Motors Co. (NYSE: GM) Chairman and CEO Mary Barra said today that the company will offer 30 all-electric models globally by mid-decade. Forty percent of the company’s U.S. entries will be battery electric vehicles by the end of 2025. 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 ongoing COVID-19 pandemic. More than half of GM’s capital spending and product development team will be devoted to electric and electric-autonomous vehicle programs. (Cadillac LYRIC – Taking Back the Luxury EV Lead? Honda, GM Ink MoU on North American Alliance!)
“Climate change is real, and we want to be part of the solution by putting everyone in an electric vehicle,” said Barra. “We are transitioning to an all-electric portfolio from a position of strength and we’re focused on growth. We can accelerate our EV plans because we are rapidly building a competitive advantage in batteries, software, vehicle integration, manufacturing and customer experience.” Barra’s announcement is in line with President Biden as of 20 January 2021.
Ken Zino of AutoInformed.com on GM














GM’s Factory ZERO – First U.S. Plant to Install 5G
Cadillac Lyric – a serious run at German luxury SUVs that define the segment.
General Motors today said that Factory ZERO, aka Detroit-Hamtramck Assembly Center, is the first automotive plant in the U.S. to install dedicated 5G fixed mobile network technology. Verizon’s 5G Ultra-Wideband service is operating now at Factory ZERO, with its claimed exponential increases in both bandwidth and speed supporting the ongoing transformation of the all-electric vehicle assembly plant as it prepares to begin producing EVs in 2021. (Cadillac LYRIC – Taking Back the Luxury EV Lead?)
A 5G Ultra-Wideband network has considerably faster download speeds and greater bandwidth than 4G networks. Factory ZERO is being completely retooled with a $2.2 billion investment, the largest ever for a GM manufacturing facility. Once fully operational, the plant will have more than 2,200 good-paying U.S. manufacturing jobs. Hamtramck is huge with 4 million square feet of space. (see AI – GM Doubles Down on EVs in Bid to Win Global Race) Continue reading →