GM Plans to Bring Plugin Hybrids to North America
GM plans to bring plug-in hybrids to North America during the General Motors GM 2023 earnings call held this week CEO Mary Bara said the company will be bringing plug-in hybrid electric vehicles fvs to North America despite still being committed to going all electric by 2035 GM held its earnings call and
Released 2023 Financial results on Tuesday with CEO Mary Bara noting that the pace of electric vehicle EV sales has slowed for the company the automaker maintained expectations that its EVS will reach profitability by 2025 though it says that hybrids will play an increasingly important role in reaching strict emission
Standards it’s not clear yet at this point which segments are expected to get hybrids and the statements come ahead of GM’s plans to Launch six new EVS this year across the Chevrolet Cadillac and GMC Brands Arc invests Kathy Wood Ford and gmm’s EV slowdown May benefit Tesla our forward plans include bringing our
Plug-in hybrid technology to select vehicles in North America bar said via Automotive news let me be clear GM remains committed to eliminating tailpipe emissions from our light duty Vehicles by 2035 but in the interim deploying plug-in technology in strategic segments will deliver some of the environmental benefits of
EVS as the nation continues to build its charging infrastructure Bara alluded to standards proposed by the Environmental Protection Agency EPA which would mandate that vehicles through the 2032 model year will require an annual fleetwide emissions cut of 133% alongside a 56% % decrease in average emission levels starting with
The 2026 model year we are going to be bringing hybrids in at a time where we need them from a compliance perspective Bara added during the call if enacted these rules would mean EVS would need to account for 2third of new vehicle sales in the US by
2032 the hybrid launches are expected to help GM comply with the more stringent fuel economy and tailpipe emissions standards that are being proposed according to bar and we plan to deliver the program in a capital and cost efficient way because the technology is already in production in other
Markets the statements come ahead of GM’s plans to launch six fully electric EVS this year and the automaker’s recent announcement of the upcoming 2024 Chevy Corvette r-ray a non-plug-in hybrid previously GM also sold the Chevy Volt fev from 2010 to 2019 as well as the Cadillac ELR from 2014 to
2016 Source reposted and summarized from Zachary visanti at teslaa
During the General Motors (GM) 2023 earnings call held this week, CEO Mary Barra said the company will be bringing plugin hybrid electric vehicles (PHE-Vs) to North America, despite still being committed to going all-electric by 2035.
More Info Here:
https://www.autohelpers.net/gm-plans-to-bring-plugin-hybrids-to-north-america/
#tsla #news #teslaupdate #teslanews #tesla
