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Wednesday, 06 October 2021 20:56

GM’s New EVs Could Help Double Revenue, Compete with Industry Leaders

Written by Joey Klender, Teslarati

Index

...electric trucks.

 

“Nobody is going to be able to touch us in the battery-electric truck space,” GM President Mark Reuss said.

 

GM has its HUMMER EV coming out in several months, but it also confirmed Oct. 6 it will have an electric Silverado, which will be unveiled at CES in January. Additionally, it is planning for an all-electric Chevrolet crossover for around $30,000, in development. These two vehicles will be added to GM’s lineup of EVs, and could help the company attain 1 million EV sales globally by 2025.

 

GM also said a new “Ultra Cruse” hands-free driving system will be released in 2023. It will be capable of driving in 95% of scenarios and is more robust than its current Super Cruise driving system. GM said it will be available on more than 2 million miles of U.S. and Canadian roadways when it is released.

 

We thank Teslarati for reprint permission.

 

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