Shares of General Motors (NYSE: GM) were trading higher on Tuesday. In a presentation at the Consumer Electronics Show (CES), GM revealed a new electric commercial-vehicle brand and gave an update on its plan to transition entirely to electric vehicles.
As of noon EST, GM’s shares were up about 5.4% from Monday’s closing price.
The centerpiece of GM’s Tuesday presentation at CES was BrightDrop, a new electric commercial-vehicle brand that builds on GM’s recent investments in electric vehicles, telematics, and software.
