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Home / Business / GM says hybrids are over, reboots Cadillac as an electric vehicle leader

GM says hybrids are over, reboots Cadillac as an electric vehicle leader



Friday, General Motors launched a fork on hybrids and announced that Cadillac will drive its next electric vehicle charge in the United States.

GM president Mark Reuss revealed the first information about the company's third-generation electric battery platform, which will launch with a new Cadillac model that will be the first of many. He described it as being able to accommodate front, rear or full wheel drive and a variety of batteries with an "ice bucket" design that allows you to install a different number of cells, depending on the model of a particular requirement

Responding to an analyst's question about the future of hybrids in corporate alignment, Reuss called them a countermeasure to the internal combustion engine and claimed that resources would be redirected to fully electric cars. The move represents a clear departure from the company that has supported the plug-in hybrids with the soon-abandoned Chevrolet Volt.

GET WHILE THEY ARE WARM: GM IS KILLING THESE MODELS SIX

Reuss, who previously was the head of the car manufacturer's product development, said GM called "the weak spot" for electric cars a range of 300 miles, which balances costs compared to capacity and that styling is important along with a robust charging infrastructure. This week, GM has partnered with EVgo, ChargePoint and Greenlots to integrate a network of 31

,000 charging points with its plug-in cars.

Perhaps the most significant, Reuss said that GM aims to become the first automaker to build electric cars both profitable and attainable and that it would invest the gains from its strong sales models today, such as traditional pickups and SUVs, in electrification. The commentary on profitability may have been a reference to Tesla, which has struggled to reduce its production costs low enough to start selling its long-promised $ 35,000 model.

GM will still seek help from the federal government. The Chief Executive Officer Mary Barra reiterated the company's position that the federal government should indefinitely extend its $ 7,500 electric car tax credit. The program currently allows car manufacturers to sell 200,000 qualifying vehicles before entering a one-year phasing-out period. GM has exceeded this threshold at the end of 2018.

Together with Cadillac, GM plans to launch at least 20 electric cars worldwide by 2023, with particular attention to China, which is strongly promoting the adoption of technology [19659011]
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