GM's New EV Design Concept 'Proxima' Targets Chinese Market: Electrek
Portfolio Pulse from Benzinga Newsbot
General Motors (GM) has unveiled its new electric vehicle (EV) design concept, Proxima, targeting the Chinese market. The concept is not based on GM's Ultium Platform and was announced at GM's Forward-Looking Design Center in Shanghai. The Proxima EV concept aims to establish an emotional connection with future Chinese EV customers and is based on a pure electric platform.
June 07, 2023 | 9:07 am
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GM unveils Proxima, a new EV design concept targeting the Chinese market, aiming to establish an emotional connection with future Chinese EV customers.
The unveiling of GM's new EV design concept, Proxima, targeting the Chinese market, demonstrates the company's commitment to expanding its presence in the booming EV industry in China. This could potentially lead to increased sales and market share for GM in the Chinese EV market, positively impacting its stock price in the short term.
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