GM Announces $35 Billion on Electric and Autonomous Vehicles

 GM announced major investment strategy changes by putting together a package that will help it launch into the next generation. We are moving to a whole new platform of development where American creativity and sense of equality (hopefully) will help push our people and our nation into the next Renaissance. I applaud these changes because they are important aspects of creating long term strategic values versus looking at fill holes in the dam today. 

If GE (and other large companies) invest along with our government in not only in next generation products and services but also spear head industries (aerospace, military, cars, etc...) we can create additional innovations at other places that will rely on this technology. 

I have been working on a cluster theory on how to speed up innovation quickly and think there is an opportunity to expand that value. There are cross breeding between different industries like space craft, robots, military equipment, outdoor equipment, ship building, etc... You can read about some of my transactional clusters ideas (meaning creating environments to speed up innovation and reduce transactional cost and learning between different industries.  See Transac Econ Cluster Theory.

By aspects of the design of products in the same locality with some of these other industries they can cross breed ideas and in turn enhance each other. Sometimes initial monies from industry-government-pack investor to start a cluster and as time goes on it produces increasingly more value as designed products turn out to be small batch prototypes for testing (and niche government and industry partners). The results of that are sent to a mass production line for mass consumption. See Transac Sub Fac.

I took this from the actual press release which you can review yourself. See GM EV & AV Announce.... 

"We are investing aggressively in a comprehensive and highly-integrated plan to make sure that GM leads in all aspects of the transformation to a more sustainable future,” said GM Chair and CEO Mary Barra. “GM is targeting annual global EV sales of more than 1 million by 2025, and we are increasing our investment to scale faster because we see momentum building in the United States for electrification, along with customer demand for our product portfolio.” (GM, 2021, para 4)