General Motors has increased its investment program in electric cars until 2025 from $20 billion to $27 billion. By the end of this period, the company plans to produce 30 models of all electric cars, which will approach the price parity with vehicles running on gas. This will be possible thanks to the development of Ultium battery technology, which, according to the company's forecasts, by 2025 will cost 60% cheaper and have a doubled density of energy.