General Motors will invest $750 million into electric vehicle charging infrastructure in the United States and Canada, the automaker confirmed during its annual Investor Day presentation held earlier this month.
Ken Morris, GM’s Vice President for Electric and Autonomous Vehicles, said the automaker will make the sizable investment over the course of the next four years.
“Today, GM is announcing an increase in our investment in charging infrastructure to nearly three quarters of a billion dollars through 2025, significantly increasing GM EV owners’ access to reliable Level 2 and fast charging with the superior customer experience of Ultium Charge 360,” Morris said. “This investment will accelerate infrastructure buildout across home, workplace and public charging throughout the US and Canada, and is a key enabler to GM’s EV adoption.”
Currently, GM electric vehicle owners have access to more than 85,000 public charging stations across the U.S. and Canada, which are operated via third-party charging companies. The automaker’s Ultium Charge 360 ecosystem also makes it easy for these owners to locate charge points and pay for energy. There are currently seven charging networks integrated into the Ultium Charge 360 smartphone app, including Blink, ChargePoint, EV Connect, EVgo, FLO, Greenlots and SemaConnect.
“For the widespread adoption of EVs, GM understands that a convenient and robust charging experience is fundamental,” Morris also said. “Ultium Charge 360 is our solution that supports EV owners, dealers, and fleets. It integrates our mobile apps, charging networks, services and products to deliver the best charging experience for GM EV owners at home, at work, or on the go.”
GM’s strategy of investing in third-party charging networks differs from that of Tesla, which has set up its own Supercharger charging network for owners. GM sees this as a sound alternative strategy, ensuring EV owners have access to a suitable charging station no matter where they are in the United States or Canada, Travis Hester, GM’s chief EV officer, said previously.
“As we launch 30 EVs globally by the end of 2025, Ultium Charge 360 simplifies and improves the at-home charging experience and the public charging experience – whether it’s community-based or road-trip charging,” Hester said.
In addition to the Chevy Bolt EV and Chevy Bolt EUV, GM will release a number of new Ultium-based EVs between now and 2025, including the GMC Hummer EV Pickup, GMC Hummer EV SUV, Cadillac Lyriq crossover and Chevy Silverado Electric, among others.