Electric vehicle plant conversions, new technology

General Motors on Wednesday secured its path into a high-tech future by announcing plans to convert more assembly plants in North America to manufacturing electric vehicles by the end of the decade and to double company sales by then as more software and new electric vehicles to be introduced.

GM executives are expected to attend their annual Investor Day presentation starting Jan. new technologies will also be revealed, such as z o’clock ET.

“Our early investments in these growth trends moved GM from automaker to customer-centric platform innovator,” said CEO Mary Barra. “GM will leverage its hardware and software platforms to innovate and enhance their daily experience, leading everyone on the journey to an all-electric future.”

Chairman and Chief Executive Officer of General Motors Company Mary Barra speaks during the GM press conference prior to the shareholders meeting at the Renaissance Center in Detroit on Tuesday, June 6, 2017.

Barra stressed that hourly workers will not lose their jobs switching to electrical, and GM continues to hire employees with a background in technology and digital software.

“We hired 3,000 people late last year and this year alone we’ve hired 8,000 people, particularly in technology, digital and software,” said Barra. “When we talked about going carbon neutral by 2040, people said, ‘I want to be a part of it’ and we saw that the number of applications increased.”