CNBC Marathon revisits Normal Motors’ shift into the electrical car market.
GM is likely one of the largest automakers on the earth with a variety of fashions falling below its 4 manufacturers, Chevy, Buick, Cadillac, and GMC. The automaker made its identify promoting gasoline burning automobiles however in January 2021, it made a surprising announcement. The corporate mentioned it “aspires to remove tailpipe emissions from new light-duty autos by 2035.” Which means that GM intends to cease promoting gas-burning automobiles. Normal Motors says it needs to guide electrical car gross sales in North America by 2025, and vows that its new Ultium battery platform will drive that dominance.
Not solely are automobiles going electrical however so are boats. Normal Motors lately invested $150 million in a single start-up, Pure Watercraft, to construct an electrical pontoon boat. And several other others are working to convey their very own battery-powered choices to market.
CNBC Marathon brings collectively one of the best of CNBC on YouTube.
Chapters:
00:00 Why GM’s all-electric future is an enormous gamble (Printed September 2021)
15:17 The rise of electrical boats (Printed April 2022)
27:13 Why GM says its Ultium platform will drive EV dominance (Printed Could 2022)
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How GM Is Going All In On Electrification | CNBC Marathon
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