GM''s Stock Races North: How Is The Chart Looking?
General Motors Company (NYSE: GM ) announced it will increase its investments in its electric and autonomous vehicles to $35 billion between 2020 and 2025. The 75% increase, over GMs pre-pandemic commitment, is intended to help GM become the North American market leader in EVs, the global leader in battery and fuel cell technology and the first car manufacturer to commercialize AVs at scale. On Tuesday, GM announced it has partnered with Wabtec to develop and commercialize GMs Ultium battery technology and HYDROTEC hydrogen fuel cell systems to be used in Wabtecs trains. Together the companies plan to develop the necessary technology for decarbonized and zero-emission locomotive transportation. Tuesdays news helped GMs stock reverse a downtrend it had been trading in since making a June 7 all-time high of Full story available on Benzinga.com
GM''s Stock Races North: How Is The Chart Looking?
General Motors Company (NYSE: GM ) announced it will increase its investments in its electric and autonomous vehicles to $35 billion between 2020 and 2025. The 75% increase, over GMs pre-pandemic commitment, is intended to help GM become the North American market leader in EVs, the global leader in battery and fuel cell technology and the first car manufacturer to commercialize AVs at scale. On Tuesday, GM announced it has partnered with Wabtec to develop and commercialize GMs Ultium battery technology and HYDROTEC hydrogen fuel cell systems to be used in Wabtecs trains. Together the companies plan to develop the necessary technology for decarbonized and zero-emission locomotive transportation. Tuesdays news helped GMs stock reverse a downtrend it had been trading in since making a June 7 all-time high of Full story available on Benzinga.com