GM Aims to Profit From Software as It Broadens Its Electric Vehicle Lineup

DETROIT—General Motors Co plans to position itself as a technology platform company that is as focused on software as it is on making electric vehicles (EVs) when it meets with investors next week, including revealing a scheduled rollout for at least 20 EVs in the United States over the next several years. The No. 1 U.S. automaker has said it will talk on Wednesday about its growth strategy, EV and software platform advantages, its self-driving vehicle business and the related financial road map as it seeks to draw new investors and a valuation closer to that of EV market leader Tesla Inc. A spokesman declined to disclose further details. GM executives will provide a more detailed look at the company’s plans to spend $35 billion through 2025 on EVs and autonomous vehicles and will give revenue and profit margin growth targets for the five-year period after that, according to people …

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