General Motors (NYSE:GM) intends to launch over 15 electric vehicles model in China by 2025. The vehicles will be based on the Ultium platform developed for the Chinese market.
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China is the world’s largest EV market by far and GM’s success here will be key for its long-term growth. The company plans to have a production capacity of over 1 million EVs in the country by 2025.
|S&P 500 Return||4%||-16%||80%|
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