The company's plan involves producing vehicles powered not only by batteries but also by fuel cells (hydrogen).
But GM investors can now be a bit more confident that the General will be a major player as the world transitions to electric vehicles. All of the Mach-branded parts will come standard with a one-year warranty. "You're missing the point, this is not a journey that has just begun it has been underway for a little while, we have all the restructuring hanging over us a bit, it would be good to move through that and really focus on the future for the customers, employees, and everybody".
At a press conference in Detroit this morning, GM's executive vice president of global product development Mark Reuss said that the company was "committed to an all-electric future", but cautioned that it wasn't going to happen "by flipping a switch".
In addition to its all-electric future, the company might be closed to releasing a fully autonomous vehicle soon.
"This future will be profitable", Reuss said.
Three clay models of vehicles designed for the next-generation propulsion system that were previewed included a Buick crossover, Cadillac station wagon and a pod-looking vehicle with "Bolt EV" badging.
Fuel cells for retail customers will be available within five years, the company said. Compare that to small and mid-size gas vehicles that can travel upwards of 400 miles on a single tank of gas. One appeared to be a sports auto along the lines of the Chevrolet Corvette, according to the News; the others were apparently SUVs. But GM said its promise takes this commitment a step further, NBC News reported. Volkswagen AG, stung by an emissions-cheating scandal, has begun investing in charging stations around the USA and expects to offer 50 electric vehicles by 2025.
The company did not announce specific plans for any of its assembly plants. The company also introduced the Silent Utility Rover Universal Superstructure (SURUS), a fuel cell powered, 4-wheel steer concept vehicle on a heavy-duty truck frame driven by two electric motors. It features autonomous capabilities, according to the auto maker. It will have two electric motors and a flexible design that can be configured for use in delivery vans, truck, or ambulances. But GM is in a much different category, a 10-million-car-per-year behemoth with a century-long legacy of making gasoline-fueled cars. However, Reuters noted that he also added it was not clear when GM could make all its new vehicle offerings zero-emission electric cars.