The largest US automaker, General Motors Co pledges to come up with 20 all-electric models by the year 2023. They plan to have vehicles run on electricity which includes battery-powered autos and hydrogen fuel-cell cars, with a longer range than the Bolt’s 238 miles. To follow the Chevrolet Bolt which launched in December 2016, GM claims to debut two new EVs in the next 18 months. Mark Reuss, executive vice president who oversees purchasing and supply chain operations told reporters on Monday that “GM believes the future is all electric, a world free of automotive emissions”.
The company which earns most of its revenue by selling large sport utility vehicles and pickup trucks is going to double down on electrification despite the Bolt’s slow start in US showrooms and companies. The automaker says it will use learning from the 10-month-old auto which goes about 238 miles between charges as the basis for the two new EVs since the deliveries have been concentrated only in California which mandates the sales of emission-less automobiles, making company to develop electric technology to meet tougher regulations around the globe. Thinking about their major global market, China, which will cap carbon emission by 2030 is a clear indication that company needs battery-powered vehicles for the market while keeping in mind China’s cap-and-trade policy; they need to obtain a new-energy vehicle score linked to the production of various types of zero and low emission vehicles. Adding to the competition almost 50 new electric-car models will be launching in the market between now and 2022, including vehicles from Daimler AG and Volkswagen AG.
Despite spending more than the targeted $100 in GM’s lithium-ion batteries, Reuss said the program will be profitable. He believes batteries will be cheaper and lighter since reducing weight is vital making battery system not require much power thereby reducing cost. Reuss also mentioned “This is more than building electric vehicles, you can’t just flip a switch and make the world go electric” as the technology has to improve and the world will need more charging stations. Building of fuel cell platform is being jointly taken care by the military which is working with GM and Honda Motor Co. Besides GM thinks their new EV, SURUS, or Silent Utility Rover Universal Supers, could be used as a truck or ambulance or any future delivery vehicle as it is powered by two electric motors showing several car concepts along on Monday. Reuss did not clarify whether GM will shift completely to BEV models and hydrogen-powered vehicles exclusively or will include conventional hybrids and plug-in hybrids.