General Motors on Wednesday laid out a comprehensive plan to produce affordable electric vehicles, including several new models expected to arrive in the next two years.
A roomier and improved version of the company’s Chevrolet Bolt EV is due late this year. It will be followed by an electric Hummer sport utility vehicle and the Cadillac Lyriq, another SUV, which are both expected to arrive in showrooms by 2022.
They were among the 10 models that GM presented to reporters and investors at its technical center in Warren, north of Detroit, on Wednesday. The automaker intends to introduce more than 20 by 2023.
The company is hoping that sales of its electric vehicles in the United States and China will exceed 1 million a year by 2025, said Mary T. Barra, the chief executive of GM.
“We want to get as many EVs on the road as possible,” Barra said. “We believe climate change is real and we have the ability and responsibility to create a cleaner, healthier planet.”
Tesla has dominated sales of electric cars so far in the United States and abroad, but GM is betting it can catch and possibly surpass its rival by lowering costs and attracting mainstream buyers.
GM’s push is underpinned by a newly developed set of batteries, electric motors, electronics and vehicle architectures that can be used for any type of model from a compact car to a full-size pickup truck, company executives said.