Over the past few years, the amount of technological advancements towards better range, intelligence and affordability of electric vehicles has been astronomical. It seems like every month, there has been another automaker joining the race to an all-electric future. While these announcements are all important and just as outstanding, Tesla has always seemed to have shadowed over the electric race. A few years ago, General Motors announced its plans toward an all-electric future towards 2023. With new products being revealed globally, the plans seemed very promising. Unfortunately, General Motors had gone quiet for a while about these all-electric offerings and promises. The Chevrolet Bolt was still on the market and the Chevrolet Volt has since been discontinued, many consumers have wondered what was going on. On March 4th, 2020, GM held what they called EV Day at their Warren, Michigan Tech Center. This venue was perfect, built-in 1956 in an era of great innovation, dreams and vehicle development, General Motors talked to investors, media and many others in the Design Dome about the future. From what had been quiet, now became a huge step in the advancement and availability of electric vehicles not only to just General Motors but the whole market.
General Motors announced with Mary Barra and Mark Reuss, their next generation and commitment to their electric future, the Ultium battery system. This modular system allows for more compact and efficient battery cells to be configured in many different variations on a “skateboard” platform that could underpin a wide variety of vehicles. These energy options range from 50kWh to 200kWh, which could lead to a range of up to 644kms on a single charge, quick performance for 0-60 in about 3 seconds and quick charging as well. These new batteries will also be produced at the new facility in Lordstown, Ohio with LG Chem, reducing the costs of battery cells below $100kWh (USD). New manufacturing advancements and low cobalt chemistry help to reduce this cost even further. This new shared platform also enables architecture to be used across the board, whether it be a car, truck, SUV/crossover or more, major doors open for a more affordable option without having to sacrifice range.
General Motors also announced it’s plans for new EV vehicle launches, starting this year. Cadillac, GMC, Chevrolet and Buick all have new EVs being released this year. The next EV being released will be the Cadillac Lyriq crossover on April 2nd. GMC will also follow with the HUMMER EV truck on May 20th and Chevrolet will have a revised Bolt before a next-generation model is released soon. Buick is also said to have a new electric crossover revealed in the next year, as well as another potential Buick EV Crossover following in the near future. If you are interested in an electric vehicle but have worried about affordability to purchase the vehicle or electric range, these new GM EV offerings will help alleviate some of those concerns. Look for the next generation of GM EVs starting as soon as the end of the month.
Written by David Murphy