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Illustration: Sarah Grillo/Axios

General Motors is crafting what it calls a "holistic" electric vehicle charging approach as the automaker launches new EVs and invests big in the technology.

Why it matters: GM's betting its future on EVs! But the hassle of charging is a big obstacle to mass adoption.

  • While most owners will charge at home, or even at work, people want assurance they can find plugs as easily as finding gas stations.

How it works: The automaker on Wednesday unveiled Ultium Charge 360, an approach that integrates outside providers, GM vehicle mobile apps, and other services.

  • It's the next phase of GM's strategy that eschews Tesla's model of an exclusive network.
  • Instead, GM wants to make it easy to charge at any public station — without juggling multiple apps or third-party memberships.

Where it stands: GM now has signed agreements with Blink Charging, ChargePoint, EV Connect, EVgo and three others, and it plans to add more.

  • The company said its drivers will soon have access to 60,000 plug points in the U.S and Canada.
  • It also covers the costs of installing home Level 2 charging for Chevy Bolt customers via work with the company Qmerit.

The bottom line: The stakes are high for GM, which plans to launch 30 EVs globally by 2025 as it invests many billions of dollars.

Go deeper

Ben Geman, author of Generate
Aug 5, 2021 - Politics & Policy

Biden, top automakers aim for 50% electric vehicle sales by 2030

Photo: Anna Moneymaker/The New York Times/Bloomberg via Getty Images

The White House on Thursday is unveiling draft mandates and aspirational targets aimed at drastically cutting vehicle carbon emissions and accelerating the shift to electric models.

Why it matters: Transportation is the largest source of U.S. emissions.

D.C.-Beijing tensions are shifting markets

Illustration: Aïda Amer/Axios

U.S. markets stand to lose $2 trillion in value if D.C. and Beijing drift further apart.

Why it matters: Political chasms are showing up in new securities regulations that put companies and investors in a bind. The rules are also another reflection of how much relations between the world’s largest economies have cooled, even as they remain economically interdependent. 

3 hours ago - Health
Axios Investigates

Documents reveal the secrecy of America's drug pricing matrix

Illustration: Aïda Amer/Axios

American businesses spend hundreds of billions of dollars a year on prescription drugs, and the bills keep getting bigger. But some of the companies promising to help rein in those costs prevent employers from looking under the hood.

Why it matters: Documents provided to Axios reveal a new layer of secrecy within the maze of American drug pricing — one in which firms that manage drug coverage for hundreds of employers, representing millions of workers, obscure the details of their work and make it difficult to figure out whether they're actually providing a good deal.

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