GM escalates the electric vehicle arms race

General Motors Co (GM.N) on Wednesday boosted its spending on electric and autonomous vehicles, pulled ahead plans for two U.S. battery plants and forecast stronger-than-expected second-quarter profits.
Read more: https://www.reuters.com/business/autos-transportation/gm-boosts-spending-electric-vehicles-add-two-new-us-battery-plants-2021-06-16/?source=Snapzu