Details about GM’s electrification strategy

At least 20 new electric models by 2023, among them two EVs based on the Chevy Bolt and due in the next 18 months – that is what General Motors promised in a recently published announcement. Now, GM states that the majority of its upcoming EVs will be based on a new platform scheduled for 2021.

The new modular architecture is supposed to make EVs profitable and shall be used across several market segments and GM brands. Furthermore, the platform is going to be accompanied by more powerful and less expansive batteries: The carmaker intends to decrease battery costs from currently 145 dollars/kWh (Chevy Bolt) to 100 dollars/kWh by 2021. All in all, GM targets a global sales level of 1m EVs per year by 2026.
reuters.com, autonews.com, gm.com