GM shares hit record high as automaker reveals electric van and delves into flying cars
The potential foray into personal air mobility was announced as part of Cadillac's portfolio of luxury and EV vehicles.
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- The Detroit automaker’s stock was up by as much as 8.8% to $48.95 a share as of Tuesday morning, leading to a roughly $70 billion market cap.
- The EV600 electric van is scheduled to go on sale later this year through a new commercial business unit of GM’s called BrightDrop.
- The potential foray into “personal air mobility” was announced as part of Cadillac’s portfolio of luxury and EV vehicles.