GM to stimulate electric car market with a handful of new models

GM to stimulate electric car market with a handful of new models


If you’re an American looking to trade in your car this year and are considering making the switch to electric, you might want to hold off for the time being. According to a statement made by GM’s chief executive Daniel F. Akerson, there’s going to be a lot more options on the U.S. market in a couple years.

Not only has the expected production of Chevy Volts gone up from 10,000 to 25,000 for the year. Akerson says two more plug-in hybrids based on the Volt – a hatchback and a crossover vehicle – will be released in the next couple years, as well as at least one model of electric or hybrid cars for each of GMs four brands.

“The Volt is not the ultimate solution,” said Akerson during the Automotive News World Congress. “It’s a glimpse at what is possible.”

GM has already confirmed its plans to sell the Opel Ampera plug-in hatchback in Europe, and showed a plug-in crossover called the Volt MPV5 as a concept vehicle at last year’s Beijing auto show, but also confirmed a second-generation design is already under development at Monday’s conference.

The company expects electric cars to make up at least 10 per cent of sales within the next 10 to 15 years, which seems like a low estimate to those expecting to see the internal combustion engine near-obsolete by that time. Then again, optimistic environmentalists have had their strongest of hopes crushed before.