GM prioritizes faster EV launches ahead of fatter profits
GM prioritizes faster EV launches ahead of fatter profits
Tuesday, February 1, 2022
DETROIT, Feb 1 (Reuters) - General Motors Co (GM.N) on Tuesday said it will spend more than the $35 billion previously planned through 2025 to speed up launches of new electric vehicles, and noted that investments in technology will take priority over richer profits next year.
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