GM aims to build 500,000 EVs, hybrids per year by 2017

Article by Anita Panait, on November 16, 2012

General Motors Co. has set a goal that by 2017, it will have the annual capacity to produce as many as 500,000 units, which include some type of electric power in the engine like the Chevrolet Volt plug-in hybrid, according to global product development chief Mary Barra. She told reporters that GM has a central part of its global strategy is being able to build cars with electrical technology such as its eAssist system that raises fuel efficiency in gasoline-powered cars.

She added that this target is slightly higher than 5% of GM's worldwide sales in 2011 of around 9 million. This estimate includes plug-in hybrids; pure electric vehicles such as the Chevy Spark EV that will start selling next summer; and eAssist system, which is offered in several GM models.

The Volt was presented by GM in the fall of 2010. So far in 2012, GM has reported U.S. sales of over 50,000 units for models that use electrification technologies. The eAssist technology was seen in slightly higher than half of this figure. Barra didn’t indicate what percentage of the target would be cars that don’t have a gasoline engine. However, she said that plug-in technology will stay at the center of GM's strategy.

She added that the plug-in is the “major focus” for GM's electrification strategy. She emphasized that GM fully intends to keep its dominance in plug-in vehicles. But then, this doesn’t mean that GM has forgotten about the traditional hybrid or hydrogen fuel-cell vehicles. She said that under GM’s plans, its eAssist system, which improves fuel efficiency by up to 25% in some gasoline-powered vehicles, will be used by "hundreds of thousands" of vehicles each year by 2017.

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

After we caught a glimpse of the revamped Amarok, VW Australia once again wants to give its ute a sinister look inspired by the Mad Max movie franchise. The “Korama”...
by - December 7, 2016
Customers in the European market are known for leaning towards style and with this in mind, Nissan has revealed the special LEAF Black Edition. While the production run of this...
by - December 7, 2016
When Volkswagen unveiled the VW Atlas, it declared that this SUV is being developed for the United States and is set to arrive as a 2018 model. It also unveiled...
by - December 7, 2016
Did you miss the opportunity to get a brand new Dodge Viper? Well, here’s something you don’t want to miss. Dodge has announced a “final call” for orders for its...
by - December 6, 2016
Acura fans and customers rejoice! Sales have begun for the flagship model of Acura’s RLX top-of-the-range sedan – the 2017 Acura RLX Sport Hybrid. Described by Acura as its most...
by - December 6, 2016
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries