General Motors is preparing for an electric future.
The company maintains a robust internal combustion portfolio, but it has aggressively invested across the entire vehicle electrification ecosystem. Despite scaling back its EV production goals to account for fluctuating consumer demand, GM remains committed to electric vehicles and plans to have the capacity to produce 1M EVs by 2025.
Meanwhile, GM has also pulled back from fully autonomous driving by reducing spending on Cruise — its autonomous vehicle (AV) subsidiary — and moved investments away from AV companies. However, the company has retained its focus on its advanced driver assistance system (ADAS), Super Cruise.
The company is also exploring opportunities to leverage its vehicle tech developments to expand its presence in defense markets.
Using CB Insights data, we uncovered the 6 most important strategic priorities highlighted by GM’s recent acquisitions, investments, partnerships, and joint ventures since Q1’22. We then categorized companies by their business relationships with GM across these areas:
- Advanced manufacturing
- Autonomous vehicles
- Defense vehicles
- Vehicle connectivity
- Vehicle electrification
- Vehicle inspection & maintenance
