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General Motors hits the gas on electric, autonomous push

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AFP

New York (AFP) – General Motors is hitting the accelerator on its drive towards electric autos, significantly boosting its near-term investments as it unveils new models and builds production capacity. The biggest US automaker announced it will raise spending by 30 percent to $35 billion through 2025 and plans to build two additional battery cell plants. Some of the funds also will go to its autonomous vehicle program. The company cited strong consumer reception to its early electric vehicle (EV) models and beneficial public policies as factors that give it confidence the investment will pay o…

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