Crypto EcoBlog
GM says its battery technology will allow electric cars to travel 400 miles on a single charge without compromising driving performance. GM reacted positively, having gained over 3% yesterday.Chief Executive of General Motors Company (NYSE: GM), Mary Barra, announced on Wednesday that the company plans to invest $20 billion in the development of electric and automated vehicles. The investment should be through by 2025 and it’s meant as a direct challenge to Tesla Inc (NASDAQ: TSLA). This...
Read More »GM Announces Plans for New Hummer to Compete with Tesla Cybertruck, Stock Remains Unmoved
Michigan-based General Motors (GM) is turning heads with a new announcement. The automaker has announced that it will resurrect the popular Hummer truck, making it all-electric, and a lot more power-packed than previous offerings.The New GM HummerDescribing it as a “super truck”, GM has said that the new vehicle will be launched as a GMC. It will be called the GMC Hummer EV as it is an all-electric vehicle and will have improved torque and acceleration. The company says that the new GM Hummer...
Read More »General Motors Introduces New Chevrolet Tahoe and Suburban SUVs, GM Stock Doesn’t React
General Motors has introduced the new versions of its best-selling models the Chevrolet Tahoe and the Suburban SUVs. Sources indicate that the new versions of the popular models are larger than previous ones with a whole lot of technology and new features that combine both safety and comfort. Industry pundits have indicated that the profits made from the sales of these two models will propel the automaker to complete the self-driving cars and electric vehicles which include the 20 planned to...
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