General Motors (GM) plans to position itself as a technology platform provider that is equally focused on software and electric vehicle manufacturing. According to the source, who received information from anonymous informants familiar with the company’s plans, the corresponding business development strategy will be presented at the meeting with investors, which will be held next Wednesday. In addition, during this event, the company will announce the release of at least 20 models of electric vehicles in the US market, planned for the next few years.
The largest American automaker expects to attract new investors and achieve a market value close to that of the leader in the electric vehicle market, Tesla.
The company plans to spend $ 35 billion on electric and self-driving vehicles by 2025. Details of the plan are due on Wednesday, including five-year revenue and profit growth targets.
GM’s revenue last year was nearly $ 122.5 billion.
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