General Motors was an early adopter of plug-in hybrids and electric cars. Thus, it puts the automaker at a serious disadvantage with reference to the $7,500 federal tax credit. The automaker will likely reach the 200,000-vehicle cap this year.
And the consequence may be felt at Buick, which allegedly will push its electric-car plans into next decade. Automotive News reported plans to bring Buick into the electric-car fold in North America may be stalled—or dead altogether—as GM reevaluates its strategy. The federal tax credit is a major motivating factor. Buick also showed the Enspire electric SUV concept earlier this year, which likely previews another future EV for China.
Previously, it was understood Buick had a more luxurious electric car in the pipeline based on the 2018 Chevrolet Bolt EV. Said car may not debut for North American any longer, but it will likely show up in China. If it does come stateside, AN believes it could wear a Chevrolet badge since dealers already feature the necessary equipment for electric cars.
GM plans for 20 new electric cars by 2023, but the automaker never explicitly noted all 20 would come to North America. Instead, look for a large portion to debut for China, which will regulate the number of “new-energy vehicles” for sale. The cars that do come to North America will likely wear Cadillac badges, the luxury brand’s ex-President, Johan de Nysschen, told the press earlier this year.