Business

Exclusive: GM to boost spending on electric vehicles 30%, add two new battery plants – sources

Published by Wanda Rich

Posted on June 16, 2021

· Last updated: January 21, 2026

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GM electric vehicle showcase at Shanghai Auto Show - Global Banking & Finance Review
The image captures GM's exhibition at the Shanghai Auto Show, highlighting their commitment to electric vehicles with a 30% spending boost and plans for new battery plants, showcasing innovation in the automotive industry.
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