Baku 25° C
GMC to reduce electric car production costs
Industry
- 13 January, 2021
- 10:02
By the end of this year, GMC's costs for electric vehicles will be lessened by 30 percent compared to the current Chevrolet Bolt, Report stated, citing the Detroit Free Press.
Speaking at the Morgan Stanley Auto 2.0 conference, Doug Parks, the company's executive vice president, said that by the end of 2021, they would launch an electric SUV and an electric pickup.
According to the company spokesman, thanks to the new Ultium batteries, electric cars' production will be cheaper. In total, GMC intends to launch 30 new electric car models by 2025.
Author
Latest News
20:51
Photo
Mikayil Jabbarov holds cooperation talks with senior official of US State Department
Economy20:38
Cuba's electrical grid collapses in nationwide blackout
Other countries20:15
Warsaw says Russian drone intrusion 'not an accidental event'
Other countries20:02
MALBI-trans aims increasing volume of European cargo on Middle Corridor - EXCLUSIVE
Business19:52
IDF confirms series of Yemen strikes, say they targeted Houthi military camps
Other countries19:26
Pashinyan: Armenia ready to synchronize TRIPP with Azerbaijan's infrastructure
Region19:16
Death toll in Nepal's Gen-Z protests reaches 30, over 1,000 injured
Other countries19:12
Trump to speak with Polish president after Russian drone incursion: W.House
Other countries18:48
Photo