Home
What's new
Latest activity
Authors
Store
Latest reviews
Search products
Forums
New posts
Search forums
What's new
New posts
New listings
New products
New profile posts
Latest activity
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
Cart
Cart
Loading…
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Search titles only
By:
Menu
Log in
Register
Navigation
Install the app
Install
More options
Change style
Contact us
Close Menu
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
Interesting Car/Truck Manufacturer News
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Weather Man" data-source="post: 16685318" data-attributes="member: 137766"><p><h3><a href="https://seekingalpha.com/news/3758151-general-motors-to-install-up-to-40000-ev-chargers-across-us-begins-sale-of-ultium-chargers?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain" target="_blank">General Motors to install up to 40,000 EV chargers across US; begins sale of Ultium chargers</a></h3><p><a href="https://seekingalpha.com/symbol/GM" target="_blank">GM -1.12%</a>Oct. 26, 2021 10:53 AM ET<a href="https://seekingalpha.com/news/3758151-general-motors-to-install-up-to-40000-ev-chargers-across-us-begins-sale-of-ultium-chargers?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain#scroll_comments" target="_blank">27 Comments</a></p><ul> <li data-xf-list-type="ul">General Motors (<a href="https://seekingalpha.com/symbol/GM" target="_blank">GM</a> -0.0%) <a href="https://media.gm.com/media/us/en/gm/news.detail.html/content/Pages/news/us/en/2021/oct/1026-ultium-charger.html" target="_blank">plans</a> to work with dealers to install up to 40,000 electric vehicle chargers across the United States, focusing on areas that currently have limited access to EV chargers. GM will give each of its EV dealers 10 Level 2 destination charging stations to deploy at key locations in the community. The Detroit automaker doesn't plan to pay for all of the chargers, but will work with community leaders and dealers on financing arrangements.</li> <li data-xf-list-type="ul">General Motors, unlike Tesla (<a href="https://seekingalpha.com/symbol/TSLA" target="_blank">TSLA</a> +6.7%) or Volkswagen (<a href="https://seekingalpha.com/symbol/VWAGY" target="_blank">OTCPK:VWAGY</a> +3.2%), doesn't have its own charging station network, so customers must currently rely on third-party chargers.</li> <li data-xf-list-type="ul">The move comes on the back of President Biden's <a href="https://seekingalpha.com/news/3672974-biden-eyes-tax-increases-to-pay-for-infrastructure-climate-change" target="_blank">$2 trillion infrastructure plan</a>, which contains a goal to add 500,000 new EV chargers by 2030. There are currently around 41,000 public charging stations in the U.S.</li> <li data-xf-list-type="ul">The company will also begin selling its "Ultium" branded level 2 home and commercial charging stations to customers in dealerships and online. The Ultium chargers are available to GM and non-GM owners and will begin shipping next year.</li> <li data-xf-list-type="ul">Analysts have praised GM's electrification strategy after the company <a href="https://seekingalpha.com/news/3751483-general-motors-is-called-a-potential-software-superstar-after-ev-transition" target="_blank">set ambitious goals in its transition to EVs.</a></li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16685318, member: 137766"] [HEADING=2][URL='https://seekingalpha.com/news/3758151-general-motors-to-install-up-to-40000-ev-chargers-across-us-begins-sale-of-ultium-chargers?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain']General Motors to install up to 40,000 EV chargers across US; begins sale of Ultium chargers[/URL][/HEADING] [URL='https://seekingalpha.com/symbol/GM']GM -1.12%[/URL]Oct. 26, 2021 10:53 AM ET[URL='https://seekingalpha.com/news/3758151-general-motors-to-install-up-to-40000-ev-chargers-across-us-begins-sale-of-ultium-chargers?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain#scroll_comments']27 Comments[/URL] [LIST] [*]General Motors ([URL='https://seekingalpha.com/symbol/GM']GM[/URL] -0.0%) [URL='https://media.gm.com/media/us/en/gm/news.detail.html/content/Pages/news/us/en/2021/oct/1026-ultium-charger.html']plans[/URL] to work with dealers to install up to 40,000 electric vehicle chargers across the United States, focusing on areas that currently have limited access to EV chargers. GM will give each of its EV dealers 10 Level 2 destination charging stations to deploy at key locations in the community. The Detroit automaker doesn't plan to pay for all of the chargers, but will work with community leaders and dealers on financing arrangements. [*]General Motors, unlike Tesla ([URL='https://seekingalpha.com/symbol/TSLA']TSLA[/URL] +6.7%) or Volkswagen ([URL='https://seekingalpha.com/symbol/VWAGY']OTCPK:VWAGY[/URL] +3.2%), doesn't have its own charging station network, so customers must currently rely on third-party chargers. [*]The move comes on the back of President Biden's [URL='https://seekingalpha.com/news/3672974-biden-eyes-tax-increases-to-pay-for-infrastructure-climate-change']$2 trillion infrastructure plan[/URL], which contains a goal to add 500,000 new EV chargers by 2030. There are currently around 41,000 public charging stations in the U.S. [*]The company will also begin selling its "Ultium" branded level 2 home and commercial charging stations to customers in dealerships and online. The Ultium chargers are available to GM and non-GM owners and will begin shipping next year. [*]Analysts have praised GM's electrification strategy after the company [URL='https://seekingalpha.com/news/3751483-general-motors-is-called-a-potential-software-superstar-after-ev-transition']set ambitious goals in its transition to EVs.[/URL] [/LIST] [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
Interesting Car/Truck Manufacturer News
Top