• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Republica Press

Your Business & Political News Source

REPUBLICA PRESS
Your Business & Political News Source

  • Home
  • BUSINESS
  • MONEY
  • POLITICS
  • REAL ESTATE
  • SCIENCE/TECH
  • US
  • WORLD

General Motors plans 8,000 new tech hires to power EV goals

by

>>> Don’t Miss Today’s BEST Amazon Deals!<<<<

The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021.REUTERS/Rebecca Cook/File Photo

Register now for FREE unlimited access to Reuters.com

Jan 26 (Reuters) – General Motors Co (GM.N) said on Wednesday it would hire more than 8,000 new technical staff this year, as the U.S. automaker accelerates its development of electric vehicles and software-driven services.

The company said it is expanding teams that electrify cars, develop vehicle software and autonomous technology and engineer fuel cells.

GM’s announcement comes just a day after the company unveiled a $7 billion investment plan in Michigan, mainly toward making full-size electric pickups, intensifying a battle with rival Ford Motor Co (F.N) for EV supremacy in North America. read more

Register now for FREE unlimited access to Reuters.com

The automaker, which was dethroned as the U.S. sales leader in 2021 by Japanese rival Toyota Motor Corp (7203.T), plans to boost its North America EV production capacity to more than a million units by late 2025.

It will also have to contend with current EV leader Tesla (TSLA.O), which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.

GM is also looking to expand its digital commerce footprint by launching an online used vehicle market called CarBravo. read more

Register now for FREE unlimited access to Reuters.com

Reporting by Kannaki Deka in Bengaluru; Editing by Ramakrishnan M.

Our Standards: The Thomson Reuters Trust Principles.

View Source

>>> Don’t Miss Today’s BEST Amazon Deals! <<<<

Filed Under: BUSINESS Tagged With: Austin, Detroit, Ford, Ford Motor Co, General Motors, Michigan, North America, Production, Software, tech, technology, Tesla, Texas, Toyota Motor Corp

Primary Sidebar

More to See

Dream Industrial REIT Announces May 2022 Monthly Distribution

TORONTO--(BUSINESS WIRE)--DREAM INDUSTRIAL REIT (TSX: DIR.UN) (the “Trust”) announced today its May 2022 monthly distribution in the amount of 5.833 … [Read More...] about Dream Industrial REIT Announces May 2022 Monthly Distribution

Historic Carriage House in Seattle Fetches 25% Over List Price in 2 Weeks

Listed on April 21 for $2,395,000 with Adam Weissman of Coldwell Banker Bain of Lake Union, the gorgeous four-bedroom brick home was sold on May 6 for … [Read More...] about Historic Carriage House in Seattle Fetches 25% Over List Price in 2 Weeks

Grab Narrows Losses On Robust Ride-Hailing, Delivery Demand; Shares Jump By Most Since Listing

More From ForbesMay 19, 2022,04:27pm EDTXiaomi Posts 1st Quarter Loss As Covid, Parts Shortage Hurt Smartphone … [Read More...] about Grab Narrows Losses On Robust Ride-Hailing, Delivery Demand; Shares Jump By Most Since Listing

Copyright © 2022 · Republica Press · Log in · As an Amazon Associate we earn from qualifying purchases.

Terms and Conditions - Privacy Policy