Supporting the company’s vision of a world with Zero Crashes, Zero Emissions and Zero Congestion, GM’s EV leadership is driven by its world-leading modular propulsion system and a highly flexible, third-generation global EV platform powered by Ultium batteries. GM’s Ultium-based EVs, when produced, will be capable of 0 to 100km/h acceleration in approximately 3.0 seconds, along with a driving range of more than 600 kilometers on a single charge, depending on the vehicle. Ultium has already reduced battery costs by 40% and as EV adoption rates and production increases rapidly through the decade, costs will continue to come down.
To support the company’s global vision, earlier this year GM announced plans to invest USD$35 billion through 2025 in electric and autonomous vehicles, and will launch more than 30 new EVs globally. The automaker is projecting global EV revenue to grow from around $10 billion in 2023 to approximately $90 billion annually by 2030.
Autonomous vehicles are also part of the immediate future, thanks to Cruise Origin. With Cruise, we have a pioneering position in autonomous vehicles and the UAE will be the first market outside North America to deploy Cruise. A fleet of Cruise Origin autonomous vehicles will begin operation in Dubai from 2023, in partnership with Dubai’s Road and Transport Authority, with the potential to scale up to 4,000 vehicles by 2030.
