General Motors basically put a fork in hybrids on Friday and announced that Cadillac will lead its upcoming electric vehicle fee in the US.
GM President Mark Reuss revealed the first information on the company's third-generation battery-electric platform, which will be launched with a new Cadillac model that will be the first of many. He described it as being able to accommodate front, rear or four-wheel drive and a variety of battery sizes using an "ice bit" design that allows another number of cells to install, depending on a particular model requirement.
Answering an analyst's question about the future of hybrid in the company's lineup, Reuss called them a countermeasure against the internal combustion engine and said that resources would be redirected towards fully electric cars instead. The move represents a sharp departure from the company that was capable of plug-in hybrids with the soon-discontinued Chevrolet Volt.
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Reuss, formerly an automaker of product development, said GM has determined that the "sweet spot" for electric cars is a 300 mile range , which balances cost against capacity, and that styling is important along with a robust charging infrastructure. GM this week began a partnership with EVGO, ChargePoint and Greenlots to integrate a 31
GM is perhaps most significant, but GM aims to be the first machine to build electric cars that are both profitable and achievable and that it would invest earnings from its highly selling models today, such as traditional pickups and SUVs, in electrification. . The result of profitability may have been a reference to Tesla, who has struggled to lower its production costs low enough to start selling its long-promised $ 35,000 model.
However, GM will look for some help from the federal government. CEO Mary Barra repeated the company's position that the federal government would extend its $ 7,500 electric car tax indefinitely. The program currently allows car manufacturers to sell 200,000 qualified vehicles before entering a year-long deployment period. GM crossed that threshold at the end of 2018.
In combination with Cadillac, GM is scheduled to launch at least 20 electric cars worldwide in 2023, with a particular focus on China, which strongly promotes the adoption of technology. 19659011]