The GM logo is seen connected the facade of the General Motors office successful Detroit, Mich., connected March 16, 2021. (Rebecca Cook/Reuters)
General Motors said connected Tuesday it would instal up to 40,000 electric-vehicle charging stations successful the United States and Canada, arsenic portion of the automaker’s $750 cardinal commitments to bolster its beingness successful the rapidly increasing sector.
The announcement comes conscionable months aft the No. 1 U.S. automaker said it had signed agreements with immoderate companies to connection its customers entree to astir 60,000 charging points crossed the aforesaid regions.
The institution said connected Tuesday it would grow home, workplace, and nationalist charging infrastructure done its Ultium Charge 360 ecosystem, adding that it would absorption connected installing them successful agrarian and municipality areas with constricted entree to enactment wide adoption of EVs.
Earlier this month, GM said it plans to treble its gross by 2030, indicating that it tin physique profitable software-driven services and instrumentality connected Elon Musk’s Tesla Inc.
The company’s marketplace capitalization of $83.85 billion, however, remains acold down that of Tesla, which crossed $1 trillion successful marketplace worth connected Monday pursuing its biggest-ever bid from car rental steadfast Hertz.
GM earlier this period said it plans to walk $35 cardinal done 2025 connected EVs and autonomous vehicles.