General Motors reiterated its commitment to helping its Chinese joint venture partner, SAIC-GM-Wuling, continue to develop and expand its portfolio of electric vehicles.
SAIC-GM-Wuling released its first battery-electric vehicle, the Baojun E100, back in 2014. It has since released the E200, E300, E300 Plus and Hong Guang Mini EV on the same global small electric vehicle (GSEV) platform and, with the support of GM in Detroit, plans to continue to develop new EVs to meet customer demands in China.
“Our NEV portfolio has quickly built up significant bandwidth in China,’’ GM China President Julian Blissett said during a recent visit to the company’s headquarters in Liuzhou, Guangxi. “We will continue to support our joint ventures in bringing out more electrification solutions to meet the diverse demand of Chinese consumers.”
GM plans to release 30 new electric vehicles before the end of 25 in North America, and it is taking a similar approach in China. In the next five years, more than 40% of all new GM vehicle launches in China will be new energy vehicles (NEVs), which include plug-ins, fuel cell EVs and battery EVs. This will include new EVs from the Cadillac, Buick, Chevrolet, Baojun and Wuling brands and will comprise global EV programs, like the Cadillac Lyriq, as well as China-only programs.
“China is an integral part of our global strategy to achieve a future of zero emissions,” Blissett added. “We are confident that the established capability of our joint ventures together with the strong local supply base will further support the fast expansion of our NEV portfolios.”
The Cadillac Lyriq won’t be the only Ultium-based EV headed to China. SAIC-GM-Wuling will also receive new Ultium-based EVs from both the Buick and Chevrolet brands after the Lyriq arrives in early 2022. These Ultium-based EVs will cover the upper part of the price spectrum, while offerings like the Baojun city EVs will cover off entry-level segments.