GM will invest $750 million in the project.
The General has committed to switching over to EVs by 2035.
This announcement follows GM’s recent series of agreements with other companies that manage charging points. Despite range becoming less of an issue due to advancing battery technologies, consumers still need to feel secure in knowing that they have access to a charging network.
2022 Chevrolet Bolt EUV | Photo: Chevrolet
A few months ago, GM announced that it had worked out a deal for its EV owners where they’d have access to nearly 60,000 charging stations. This latest release specifies that the American automaker will install about 40,000 new stations in both Canada and the US in the near future.
The investment amounts to $750 million as part of GM’s $35 billion outlay towards EVs and autonomous technology according to Reuters. These stations will not be exclusive to GM customers which will serve to support the widespread adoption of EVs. These stations will be set up in rural and urban areas which are currently underserved by such services.
GM intends to double its revenues by 2030 on its way to selling only EVs by 2035.
