Baku 4° C
GMC to reduce electric car production costs
Industry
- 13 January, 2021
- 10:02
By the end of this year, GMC's costs for electric vehicles will be lessened by 30 percent compared to the current Chevrolet Bolt, Report stated, citing the Detroit Free Press.
Speaking at the Morgan Stanley Auto 2.0 conference, Doug Parks, the company's executive vice president, said that by the end of 2021, they would launch an electric SUV and an electric pickup.
According to the company spokesman, thanks to the new Ultium batteries, electric cars' production will be cheaper. In total, GMC intends to launch 30 new electric car models by 2025.
Author
Latest News
14:08
Türkiye to deploy jets to Estonia, Romania under NATO air policing missions
Region14:01
Turkish FM: Iran should avoid actions that may endanger region
Region13:44
Türkiye, US discuss Iran and Syria developments in Ankara meeting
Region13:35
President Ilham Aliyev signs decree on establishment of West Industrial Park
Domestic policy13:18
SSPF: Average monthly pension in Azerbaijan to rise to AZN590
Finance13:16
Another crane collapses in Thailand killing 2 people, police say
Other countries13:09
Anglo Asian Mining increased gold production in Azerbaijan by 1.7 times in 2025
Business13:00
Rize Governor: Azerbaijan plays key role in goal of turning Black Sea region into Davos
Region12:21