Episode 124: General Motors (GM) Dominating the EV Space🚛🔋

General Motors unveiled a new personal self-driving electric concept car from GM’s luxury brand Cadillac on Wednesday during the CES technology show. The sleek two-passenger car, called InnerSpace, is part of Cadillac’s Halo Concept Portfolio, which debuted a year ago at CES with an urban air mobility vehicle and a shared autonomous shuttle. General Motors plans to build a work truck version of its new electric Chevrolet Silverado for commercial customers and a fully loaded luxury model that will retail for more than $100,000 when it launches the new pickup next year. The Detroit automaker on Wednesday said a WT, or Work Truck, will be the first truck offered to fleet buyers in spring 2023, followed by a fully loaded $105,000 RST limited first edition model for consumers next fall. GM said the work truck will start at $39,900. Walmart and FedEx plan to add thousands of electric delivery vans produced by General Motors to their massive vehicle fleets in the coming years, the companies announced Wednesday. Walmart has signed a new agreement with the Detroit automaker to reserve 5,000 BrightDrop vans, while FedEx – BrightDrop’s first customer – is building on an initial order of 500 vehicles that GM began delivering last month. FedEx on Wednesday said it has agreed to a deal for 2,000 more vehicles over the next several years. That order could potentially increase to 20,000 electric vans, according Richard Smith, FedEx regional president of the Americas. Electric vehicle maker Lucid plans to start selling its cars in Europe this year. The California-headquartered firm, which competes with Tesla, announced the expansion on Tuesday after a Twitter user asked if an image of some new Lucid owners were based in the U.K. 📚Books: https://www.amazon.com/s?k=reginald+seay&crid=XNP2FB40Q3TH&sprefix=reginald+seay%2Caps%2C232&ref=nb_sb_noss 📚 Course: https://market-marauders-complete-guides.teachable.com/p/the-complete-guide-to-cryptocurrency 📚Website: www.marketmarauders.net 🦩Twitter: @yourequest 😎Instagram: market_marauders 📧Email: [email protected] 🚧 DISCLAIMER🚧 I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read and/or view and/or hear on the channel.