{"id":385128,"date":"2020-11-20T09:10:31","date_gmt":"2020-11-20T03:40:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=385128"},"modified":"2020-11-20T10:28:15","modified_gmt":"2020-11-20T04:58:15","slug":"gm-to-boost-electric-autonomous-investment-by-7-billion","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gm-to-boost-electric-autonomous-investment-by-7-billion\/","title":{"rendered":"GM to boost electric, autonomous investment by $7 billion"},"content":{"rendered":"<p>General Motors said Thursday it will boost investment in electric and autonomous vehicle technology by $7 billion through mid-decade as it accelerates a technology race with Tesla and other automakers.<\/p>\n<p>&#8220;Climate change is real, and we want to be part of the solution by putting everyone in an electric vehicle,&#8221; said GM Chief Executive Mary Barra.<\/p>\n<p>&#8220;We are transitioning to an all-electric portfolio from a position of strength and we&#8217;re focused on growth.&#8221;<\/p>\n<p>The US auto giant now plans to spend $27 billion in the newer ventures through 2025, up from the $20 billion planned before the coronavirus pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>General Motors said Thursday it will boost investment in electric and autonomous vehicle technology by $7 billion through mid-decade as it accelerates a technology race with Tesla and other automakers. &#8220;Climate change is real, and we want to be part of the solution by putting everyone in an electric vehicle,&#8221; said GM Chief Executive Mary Barra. &#8220;We are transitioning to an all-electric portfolio from a position of strength and we&#8217;re focused on growth.&#8221; The US auto giant now plans to spend $27 billion in the newer ventures through 2025, up from the $20 billion planned before the coronavirus pandemic.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,234],"tags":[],"class_list":["post-385128","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/385128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=385128"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/385128\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=385128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=385128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=385128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}