Automakers

GM touts battery cost, range breakthroughs

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GM President Mark Reuss: "Thousands of GM scientists, engineers and designers are working to execute an historic reinvention of the company." (GM\/Steve Fecht)
March 05, 2020 09:57 AM

DETROIT — General Motors plans to spend $20 billion on electric and autonomous vehicle programs in the next five years and expects its battery costs to fall below the level that analysts say would make EVs competitive with internal-combustion vehicles.

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