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 Iyiou.com.

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

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.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/08/19/general-motors-will-invest-usd20-billion-for-electric-drive-and-self-driving/.

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