During the recent GM Investor Day presentation, much of the focus was on the future of General Motors EVs. With a stated goal of launching 30 EVs by 2025, this should come as no surprise. But that doesn’t mean that GM has completely given up on ICE vehicles just yet, per comments from GM President Mark Reuss.
“On the ICE side, this is critical because the profits from these vehicles and the rest of our ICE lineup are literally funding our future. And as we accelerate our investment in EVs, and the software defined vehicle, these ICE vehicles are critically important,” said Reuss. “Our ICE vehicle portfolio is in incredibly high demand, and helping us generate record profits to invest in an all-electric future. I want to point out that to sustain and build that demand, we are refreshing key ICE vehicles as we transition.”
Recent vehicle developments support Reuss’ comments, as The General has unveiled quite a few mid-cycle refreshes and next-generation ICE models:
- 2023 Chevy Colorado – all-new
- 2023 GMC Canyon – all-new
- 2024 Chevy Silverado HD – mid-cycle refresh
- 2024 GMC Sierra HD – mid-cycle refresh
- 2024 Chevy Trax – all-new
- 2024 Buick Envista – all-new
Additionally, GM has confirmed that the next-gen Chevy Equinox will arrive in 2024 along with its corporate cousin, the next-gen GMC Terrain. The same holds true for the next generation Buick Enclave, also for 2024, along with the upcoming Chevy Traverse and the next-gen GMC Acadia, both for 2023. In addition to that, two high performance variants of the C8 Corvette have been confirmed, and we believe these that these will be the Corvette ZR1 and Corvette Zora.
As it currently stands, ICE vehicles still comprise a majority of GM’s lineup.
“Every product we launch next year and in the years to come, whether ICE or EV, will be a world-class vehicle designed to take on the best in the industry and what they have to offer, and when. All of them. And that’s how we’re going to grow the business,” Reuss added.