"
Finance

Where Does General Motors Stand in the Electric Vehicle Segment?

In 2015, General Motors introduced the second-generation Chevrolet Volt. Including this, the company currently has a total of five vehicles with some form of electrification in its US market portfolio. In the coming years, GM will expand its presence in the electric vehicle segment with car models such as the Chevrolet Volt and the Cadillac ELR.

General Motors plans to launch its all-electric model, the Chevrolet Bolt, in 2017. The car, which may be priced around $30,000 after federal incentives, is estimated to have a 200-mile range. The Chevrolet Bolt will be a mass-targeted EV. The production of the vehicle is expected to begin in late 2016 at the company’s Orion assembly plant.

According to the company, it’s working to develop plug-in hybrid electric vehicle (or PHEV) technology.

View more information: https://marketrealist.com/2016/03/general-motors-stand-electric-vehicle-segment/

See more articles in category: Finance
See also  https://marketrealist.com/2019/11/what-are-leon-coopermans-top-holdings/

Leave a Reply

Back to top button