GM Builds New Electric Vehicle Family In 2021

GM CEO Mary Barra hints at Bolt EV-based crossover SUV, details future electric vehicles

We now have an idea of what one of those electric cars might be like thanks to an investor presentation given by GM CEO Mary Barra on Wednesday at the Barclays 2017 Global Automotive Conference in NY. It is noted that the model will be put electric Chevrolet Bolt hatchback.

General Motors is following in the footsteps of former President Barak Obama by promising to build 1 million electric vehicles. The product blitz includes four all-new vehicles by 2020, including two by April 2019, a company spokesman confirmed.

GM's cost reduction efforts on electric vehicles center on a new battery system that will be more than 30 percent cheaper than the one that powers the Chevrolet Bolt.

The efforts in cost reduction by GM on its electric vehicles are centered on its new battery system which will be over 30% less expensive than another one now powering it Chevrolet Bolt.

Barra gave the presentation for investors at the Barclays 2017 Global Automotive Conference in NY. Is this a new form of a teaser where they show you the entire auto but they don't say whether we're looking at the real thing or not?

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During her presentation, Barra also revealed GM's plans for a next-generation electric vehicle platform arriving in 2021.

The company is aiming to lower cost from $145 per kilowatt/hour to less than $100, by 2021.

Early last month, GM officials said the company planned to launch 20 new electric vehicles by 2023, without providing any specifics.

GM's new electric vehicle platform in 2021 will serve as a base for at least nine derivatives, ranging from a compact crossover to a large seven-passenger luxury sports utility vehicle and a large commercial van. "Our focus is on the customer, so that means removing barriers for ownership". She described GM as "the only fully integrated developer of AVs with true scale capability".

GM also will expand its connected vehicle services such as OnStar and plans to launch a new in-vehicle feature called "marketplace" that allows users to "do things, to order things" more simply than with a smartphone.

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