GM to Build 40,000 EV Charging Stations in the U.S. and Canada
Following up on General Motors’ (GM) plans to become all-electric by 2035, the company has shared plans to build a network of electric vehicle (EV) charging stations
GM announced plans on Tuesday to build 40,000 EV charging stations across the U.S. and Canada, according to Reuters. The project will be funded as a piece of the company’s $750 million USD in investments going towards the company’s EV efforts.
The network comes in addition to GM plans for an Ultium 360 integrated charging ecosystem, which will partner with seven major charging networks to launch the chargers – with the first 500 coming by the end of 2021, and eventually including nearly 60,000 across the U.S. and Canada in sum.
The company also said on Tuesday it will increase home, office and other public charging options through the Ultium 360 ecosystem, with a particular focus on rural and urban areas that feature minimal charging support.
In addition, GM announced earlier this month that it planned to double annual revenues to $280 billion USD by 2030, alongside the growth of its lineup of EVs.
Last month, GM also unveiled its anticipated Ultium drivetrain line, which is set to be a framework for the company’s 2022 GMC Hummer EV as well as a slew of other EVs set for release by the company’s revenue target at the end of the decade.