🚗GM plans to introduce 30 EVs by 2025 and is investing $35 billion in electric and autonomous vehicles.
🔋GM's Ultium battery cells, developed in partnership with LG Chem, reduce battery costs and improve capacity.
🔌Consumer concerns about charging infrastructure and affordability hinder widespread EV adoption.
🌍GM's market share has been shrinking, and competition in the EV market is increasing globally.
🛢️GM's all-electric strategy carries the risk of shrinking its total global market share.