GM previews a slew of upcoming EV and ICE models, but only Wall Street investors get to see them.
GM is restyling for 2023 its last gasoline-powered flagship sedan, now built and sold in China only.The gas-powered version of GM’s popular midsize crossover gets a redesign that will probably be closer in styling to the all-new Ultium-platform EV version.Redesigned to be a “little bit bigger” than the outgoing Acadia, which indicates it will revert to the same large-midsize wheelbase as the three-row Buick Enclave.
BrightDrop, GM’s tech startup creating EVs, eCarts and software, is on track to reach $1 billion in revenue in 2023, as GM’s CAMI plant in Ontario launches full production of the BrightDrop Zevo 600 delivery van next year, and scaling to a projected 50,000 units annually by 2025. GM’s battery-cell joint venture Ultium Cells will be operating plants in Ohio, Tennessee, and Michigan by the end of 2024; a fourth US cell plant is planned.
GM says it has secured binding commitments for all the battery raw material it needs to deliver its 2025 capacity target.Advertisement - Continue Reading Below
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