General Motors Co (NYSE:GM)
$ 53.7 1.9 (3.67%) Market Cap: 59.05 Bil Enterprise Value: 152.59 Bil PE Ratio: 5.72 PB Ratio: 0.83 GF Score: 80/100

General Motors Co to Host China Tech Day Transcript

Aug 19, 2020 / 11:00AM GMT
Release Date Price: $29.22 (-2.08%)
Mary T. Barra
General Motors Company - Chairman & CEO

Hello, everyone. I'm Mary Barra, Chairman and CEO of General Motors. I'm excited to have this opportunity to talk with you online tonight.

I want to begin by reiterating our unwavering commitment to our employees, customers and partners in China. The video you just saw captures our energy, our passion and our confidence as we envision a future with zero crashes, zero emissions and zero congestion. This vision drives every team member everywhere, every day. We are investing heavily in the technology and innovation that will help us realize our vision. From 2020 to 2025, we will allocate more than $20 billion in capital and engineering resources to our EV and our AV programs. General Motors brings a deep history of technical expertise as we continue to innovate to deliver safe, efficient and connected vehicles and services that lead the industry and exceed our customers' expectations.

In China, we laid out Drive to 2030, the advanced technology road map for our China vehicle portfolio at the World Expo in Shanghai 10 years ago. As

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