General Motors has just announced the progress of its ambitious global future growth strategy, reaffirming its commitment to deploying its zero-emission and autonomous technologies worldwide to build more sustainable conditions on the planet.
The automaker is investing more than $35 billion in electric and autonomous vehicle technology to lead the future of mobility around the world, while building global partnerships to expand the international reach of its growing EV product portfolio with multiple body styles and price ranges.
“We are moving forward with our blueprint for a zero-emission, all-electric future,” said GM Senior Vice President and President of GM International, Shilpan Amin, in an official statement. “GM is moving faster than ever and we are fully focused on bringing our new technologies to consumers around the world,” he added.
In addition to rolling out the new electric powertrain in North America and China, GM has already announced plans to introduce EVs based on Ultium battery technology and Ultium Drive motors in markets such as South Korea, the Middle East and South America. These additional markets will increase the company’s global volume and allow it to compete against the global electric vehicle leaders, but with greater scale.
“Our international markets are well positioned to bring global scale to GM’s growth investments, benefitting our planet and our communities in the process,” said Amin. “There is a strong demand for these products in the international markets, customers are really looking forward to buying our EVs. We have the talent, the investments and strong financial and commercial momentum to leverage opportunities around the world.”
GM’s global strategy for future growth involves introducing the company’s brands to more regions of the world, taking advantage of the unique opportunities provided by the massive deployment of EV technology and favorable legislation that will completely transform the business of the automotive industry. As such, the manufacturer is refining plans and strategies to diversify its business in regions such as South America and Europe.
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Comments
GM had a better Line Up in the 1950ies, in the 1960ies, in the 1970ies, in the 1980ies in the 1990ies…
MK, I would kind of leave the 80ies and 90ies out of this.
I think MK means a more comprehensive lineup spanning across six brands that truly represented a car for every purse and purpose. I agree with that sentiment. When I grew up in the 70s/80s, everyone owned a GM product but which one said a lot about who they were. There was something for everyone.
Today, I know nobody that owns a GM product; everyone has gone to foreign makes. This EV lineup is just a way for GM to build cars more cheaply. They’re all like the Chrysler’s K-car from the 80s with just different bodies on the same basic platform with a generic powertrain. They leave many huge gaps price-wise and segment wise which is what MK is saying.
Right, 80ies were great … but also 1930ies and 1940ies too, problem is since 2000ies
Another words AFX or HO cars…aka race sets….I think GM stole from my posts to simply create a platform with snap on bodies and new tires! ((((-;
Give this a thought for just one moment with all the people that are on the earth do you think that fossil fuels will last forever???
Here is the problem it ain’t the 50’s anymore.
Economically and customer wise it is a totally different we told to the general public.
We enthusiast are now in the minority anymore and most people want to just buy appliances that are affordable to buy, maintain and have good utility. None of that was in the Slian plan.
GM needs to include a Buick in this display of vehicles.
Does anybody know anything about the electric motors for GM’s “all electric future”. It seems to me that they are are seldom mentioned and specs aren’t outlined. They’ve talked about the batteries but not the motors. In an internal combustion vehicle, as we all know, the engine is the heart-and-soul, it was always a big part of the story of any new vehicle. Automotive fans revere the engines as much as the car and a Porsche flat six or BMW in-line six or the Mustang 5.0 V8 are all well-loved and a reason to buy their respective cars. With an EV, such as all these new ones pictured above from GM, are the motors just generic? Where do they come from? China I’m guessing. Are all of GM’s vehicles using the same ones? Just in different multiples?
It seems to me we’re losing a lot. Growing up, it used to be fun going to the racetrack for IMSA events and picking out the approaching cars by sound. There was a Jaguar V12, Ford V8, Mazda rotary, Porsche flat six, etc., all with a distinct sound and distinct performance properties. Even with production cars, I still challenge myself to learn the distinctive engine sounds. I suppose all that goes away if EVs take over, as some predict.
Sadly, young people today don’t think about their cars like we did.
How many miles are the batteries good for? (estimated)
100k under warranty. But you should get more than that.
It all sounds good until you realize that it’s success is 100% dependent upon GM force-feeding their customers EV’s whether they want them or not! Good luck!
We’re from the government, and we’re here to help you…buy an EV.
It’s not just GM that will be “force-feeding” their customers EVs. Every major car brand is moving to EVs but I get your point… I can’t think of a similar situation where major corporations were rushing to build a product that many of their existing customers don’t want.
I would be happy if they sent me a battery for my car sitting on the dealer lot for 350 days now.
Ci2Eye
A battery cycle is considered 100-0 so say you commute 30 miles per day and your vehicle has 300 miles range/ 100% charge
You have 10 days/ cycle x 1000 cycles =10,000 days that translates to 27* years before losing 20%
That’s with current battery chemistries. I think your next battery will be cheaper and lighter and longer lasting. Charge that off solar and OPEC loses all its power over the American government.
Robert,
I wouldn’t disagree with you in theory. In reality though, I don’t think that’s the way EVs will be used. Who’s going to want to head out on the 7th, 8th, 9th or 10th day since a recharge? Especially given how long it takes to recharge and the current state of the charging infrastructure. I think in reality most EVs will be charged daily, like cell phones, or at least at the point of 50 percent discharge. If so, the battery life cycle would be greatly diminished from the ideal scenario you’ve outlined.
As for not being reliant on OPEC, that would be a good thing but it’s also achievable without EVs as the US has the ability to serve its own energy needs with supportive policies from Washington. EVs make us reliant on China and of the two, I’d prefer OPEC but again, even that is not necessary.
I’m not opposed to EVs at all but I do question why so many are adamant that we must transition to them immediately when there are so many unresolved and significant issues that are being ignored or glossed over.