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

Recommended

An RHD (right hand drive) BMW M4 DTM Champion Edition has been listed to be for sale by Romans International, UK’s leading supercar dealership. The first owner of this rare...
by - May 24, 2017
Audi will be offering something exciting for its United Kingdom market. The company announced that it will be adding new features as standard to the A4 range. It also confirmed...
by - May 24, 2017
You guys are probably aware of the collaboration between Mercedes-Benz and Renault-Nissan. Knowing this, you would expect that both companies will come up with something impressive. Sources say that the...
by - May 24, 2017
Amongst all sports cars on the planet, which one is the world’s best-selling model? Would you have guessed that it is the Ford Mustang? According to IHS Markit’s global automotive...
by - May 24, 2017
It’s not a bird. It’s not a plane. It’s Kris Singh’s blue carbon flying machine! Time stood still for a few minutes after the extremely rare Pagani Huayra BC Macchina...
by - May 24, 2017
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