GM Plans Two Additional Electric Vehicles for U.S. Market
October 02 2017 - 12:56PM
Dow Jones News
By Mike Colias
General Motors Co. plans to introduce two more electric vehicles
in the U.S. within 18 months and 20 globally within six years, the
latest auto maker to forge ahead on EV technology despite uncertain
consumer demand.
GM said it would use the underpinnings of the Chevrolet Bolt EV,
introduced in the U.S. late last year, to offer two more EVs in its
home market, declining to discuss details of the new models. The
company also said it has developed a next-generation battery system
that will allow for greater flexibility in EV sizes and body styles
in coming years.
Auto makers are ramping up electrification plans amid mounting
pressure from regulators across the globe to begin phasing out
fossil-fuel-based vehicles. China, France and other countries have
floated outright bans on gas or diesel cars in coming decades.
Mark Reuss, GM's product-development chief, said the auto maker
will continue to offer a range of alternatives for consumers,
including hybrid systems and gas and diesel engines during what it
expected to be a long transition to a predominantly electric
future.
"General Motors believes the future is all-electric," Mr. Reuss
told reporters Monday at GM's design center in suburban
Detroit.
Write to Mike Colias at Mike.Colias@wsj.com
(END) Dow Jones Newswires
October 02, 2017 12:41 ET (16:41 GMT)
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