GM gears up for rapid new-energy vehicle expansion
US car giant predicts a ‘substantial’ share of its 20 new all-electric vehicles to be introduced by 2023, will be sold in China
General Motors, the US car giant, will double its offering of new-energy vehicle models in China by 2023, introducing 10 new models after 2020 to accelerate its efforts at helping further electrify the world’s largest car market, the firm said on Tuesday.
The new launches, which include plug-in hybrid and all-electric vehicles, expands on its earlier blueprint to introduce 10 new-energy models between 2016 and 2020 as demand grows and requirements tighten for cleaner cars across the country.
“China plays an essential role in the world’s drive towards a zero-emissions future,” said Matt Tsien, executive vice-president and president of GM China, in Shanghai on Tuesday.
He added the firm will continue to work with the government and suppliers to create higher awareness of new-energy car use in China.
The company currently builds and sells conventional fossil fuel vehicles and its growing new-energy fleet via joint ventures with its major Chinese partners, SAIC Motor and Liuzhou Wuling Automobile.
Its electric line-up in China already include the Cadillac CT6 plug-in, the Buick Velite 5 hybrid extended-range electric vehicle, and the Baojun E100 small car.
