General Motors will invest USD20 billion for electric drive and self-driving


On August 19, General Motors officially released its latest development strategy for the Chinese market, according to

In the next five years, GM will invest 20 billion U.S. dollars to advance the development of electric drive and autonomous driving technology.

Among them, in the field of electric drive, more than 40% of GM's new models launched in the Chinese market in the next five years will be new energy models. At the same time, 100% of these new energy models will be made domestically, and almost all parts will be purchased from China.

In terms of smart driving, the super smart driving system SUPER CRUISE will cover all Cadillac models and gradually be applied to Buick and Chevrolet brand models.

In addition, the first Buick GL8 equipped with V2X technology will be launched in China within this year.

On the Internet of Vehicles, all models under the Cadillac, Buick and Chevrolet brands will be equipped with Internet of Vehicles as standard.

From 2022, 5G functions will be equipped with all Cadillac products, as well as some models of Chevrolet and Buick.


Tesla opens largest V3 overcharge station in North China
New energy , Automobile

Service platform for vehicle owners Renrenxianghu closes its angel round
Automobile , PEVC

Dongfeng Motor plans to deploy more than 200 Robotaxi in Wuhan
Automobile , Autonomous driving

NIO launches battery rental service, RMB 980 per month
BaaS , Automobile , New energy

WM Motor vies to be first listed new energy carmaker in STAR Market after D round financing
New energy , Automobile , IPO , PEVC
China SDG