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Why General Motors is investing $27B into electric vehicles

General Motors has invested $27B into electric vehicles. Mark Reuss, GM president, joins 'Power Lunch' to discuss the new plan and why they believe they can take on Tesla. Today is a further commitment to electric vehicles, says Reuss. This isn't something we've been on for a month or two — we've been on it for a year and a half, two years. We really took a step back and said we were going to have 0 emissions, 0 congestion, and that commitment we made is now manifesting itself, he adds.
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Thu, Nov 19 20203:14 PM EST