Budgeting and Financial Forecasting for General Motors

Requirements:

1. Develop a budgeting and financial forecasting framework for General Motors' next-generation electric vehicle (EV) lineup.

General Motors EV Model	Budgeted Costs ($)	Forecasted Sales Revenue ($)
Bolt EV	500,000,000	700,000,000
Hummer EV	1,000,000,000	1,500,000,000

• Prepare a multi-year budget for General Motors' EV development, including R&D expenses, manufacturing costs, and marketing expenditures.
• Perform financial forecasting for General Motors' EV sales, considering market demand and economic conditions.
• Recommend strategies to optimize budget allocation and achieve financial targets for General Motors' EV initiatives.