GM Stock Rises 6% As General Motors Unveils Plan to Launch All-Electric Van and Flying Cars
Jan 13 2021 · 10:35 UTC by Bhushan Akolkar · 3 min read
Photo: GM Corporate Newsroom
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General Motors is accelerating the development of all-electric vans produced by its new business unit BrightDrop. On the other hand, the company has also revealed its ambitions to bring flying car taxis into the market.
On Tuesday, January 12, shares of General Motors Company (NYSE: GM) hit a five-year record high as the Detroit automaker made interesting announcements. General Motors plans to launch an all-electric delivery van EV600 by the end of this year.