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GM, Volvo ramp up EV plans as Lordstown flounders

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GM, Volvo ramp up EV plans as Lordstown flounders

Plus, is the IMF's plan for a carbon floor just a carbon tax in disguise?

David Callaway
Jun 21, 2021
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GM, Volvo ramp up EV plans as Lordstown flounders

www.callawayclimateinsights.com
Journalist Malcolm Gladwell standing on GM’s Ultium Platform Battery. Photo: GM.

. . . . General Motors (GM) and Volvo (SE:VOLV.B) both announced on Monday major plans to ramp up their electric vehicle efforts, hanging their strategies on expanding battery operations, with GM raising its research and development estimates to $35 billion in the next four …

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