GM lays out plan for 20 electric models by 2023

GM lays out plan for 20 electric models by 2023

GM lays out plan for 20 electric models by 2023

The plan builds upon the company's vision of having zero emission, zero crashes and zero traffic congestion, a plan outlined by GM CEO Mary Barra.

Reuss said the company was not expecting job losses based on a shift away from gasoline engines, which now account for a vast majority of the company's production.

GM also reiterated its commitment to fuel cells, an expensive technology that produces electricity from hydrogen and oxygen.

GM finished 2016 as the world's third-largest auto-seller, breaking previous company records with 10 million vehicles sold, according to the company's news release.

It seems like General Motors is going to add more to the plans of a greener environment where cars are usually hybrid or electric. It's also creating a new all-electric sub-brand, ID, that will include a new electric version of the iconic VW microbus.

The No. 1 USA automaker joins several rivals, including German automakers Daimler AG, Volkswagen AG and BMW AG, that have pledged to accelerate development of electric vehicles.

This was confirmed earlier today by the company at a press conference in Detroit.

The concept vehicles were an unnamed Cadillac crossover, an unnamed Buick SUV and a futuristic-looking Bolt EV concept that featured the bulging windows and cabin common in some future-looking autonomous vehicle designs. "Those learnings have given us the flexibility to move faster than you've seen an automaker move".

However on Monday, auto goliath General Motors reported it will start offering two new all-electric vehicles in the following year and a half, and will have no less than 20 new zero-emanation electric vehicles in its lineup by 2023.

The company is now testing its Chevrolet Colorado ZH2 with the USA military.

Beyond consumer vehicles, GM also introduced the Silent Utility Rover Universal Superstructure, or SURUS.

China has just laid out new guidelines for alternative propulsion and is now the world's biggest market for electrified vehicles.

Powered by two electric motors, the platform could be used for delivery vehicles, ambulances, or anything else truck based.

That vehicle would not be commercially available, but would be marketed commercially to military and disaster relief, among other things.

Given customers' various needs, getting to a zero emissions future will require more than just battery electric technology. Its sheer size could give it an advantage in the transition to electric vehicles: analysts suggest that its existing supply chain, dealer network and sales volume could give it the economies of scale needed to make electric vehicles cost-competitive with gasoline-fueled cars.

"The automaker carefully gave no time span for when its full line of item would be electric in light of the fact that, honestly, nobody knows how the EV future will advance", Krebs said.

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