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Investago | General Motors wants to catch up with Tesla
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General Motors wants to catch up with Tesla

General Motors CEO Mary Barra has never made any secret of her desire to surpass Tesla in electric car sales and become the global leader in this field. For context, the group includes, for example, Opel, GMC, Cadillac, and Chevrolet. Given the fact that more than 90% of the U.S. population is living within 10 miles of a GM dealership, a statistic the company often cites, GM's vice president of EV ecosystem Hoss Hassani said the company's extensive dealer program is helping to build further brand loyalty. The carmaker is now calling on its dealer network to help deploy up to 40,000 new charging stations across the United States.

General Motors CEO Mary Barra has never made any secret of her desire to surpass Tesla in electric car sales and become the global leader in this field. For context, the group includes, for example, Opel, GMC, Cadillac, and Chevrolet. Given the fact that more than 90% of the U.S. population is living within 10 miles of a GM dealership, a statistic the company often cites, GM's vice president of EV ecosystem Hoss Hassani said the company's extensive dealer program is helping to build further brand loyalty. The carmaker is now calling on its dealer network to help deploy up to 40,000 new charging stations across the United States.

 

 

GM began building a national infrastructure to accelerate the adoption of electric vehicles last week, when it installed the first two Level 2 chargers in Wisconsin and Michigan.

President Mark Reuss recently revealed that the company's dealers service more than 11,000 Tesla vehicles, calling it a "growing business." The GM Dealer Community Charging Program, which was first announced last year, encourages dealers to designate locations to install chargers, focusing on community centers such as schools, libraries, and entertainment centers. According to Hassani, participating dealers can get up to 10 Level 2 charging stations with 19.2 kW of power, allowing drivers to charge their battery to about 80% in less than three hours. The program is part of a $750 million investment GM is making to rapidly expand its charging infrastructure as the company aims to go all-electric by 2035. [1]

 

 

GM's next steps in building EV infrastructure include installing truck charging stations and expanding its EV line-up. GM plans to launch 20 new electric vehicles by 2025 and to go all-electric for all of its models by 2035. The company is also working on developing charging infrastructure, including installing truck and bus charging stations in key areas. General Motors is also focusing on working with cities and villages to support the development of electro mobility at the local community level. The company also aims to strengthen its position as a leader in the field of electric cars on the international market. [2]

 

 

 

* Past performance is no guarantee of future results.

[1,2] Forward-looking statements are based on assumptions and current expectations, which may be inaccurate, or on the current economic environment, which may change. These statements are not guarantees of future performance. They involve risks and other uncertainties that are difficult to predict. Results may differ materially from those expressed or implied by any forward-looking statements.

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Advertencia de riesgo: Los CFD son instrumentos complejos y conllevan un alto riesgo de perder dinero rápidamente debido al apalancamiento. 92.59% de las cuentas de inversores minoristas pierden dinero al operar con los CFD. Debe considerar si comprende cómo funcionan los CFD y si puede permitirse asumir el alto riesgo de perder su dinero.