General Motors Corp (GM)

[vincen71]

General Motors has big goals in EV market
07:24 AM ET · TSLA

General Motors will challenge Tesla Motors (TSLA) with a new electric vehicle model boasting a powerful battery that extends driving range to close to 200 miles.
The automaker faces the common challenge in the EV sector of how to mass-produce battery packs at an affordable cost.
The targeted sticker price on the GM model will be around $30K, although the concept is still deep in development.