GM: The future is all-electric

Robyn Ryan
October 3, 2017

As GM commits to electric innovation, the company will compete with an increasingly crowded marketplace.

GM also introduced SURUS - the Silent Utility Rover Universal Superstructure - a fuel-cell-powered, four-wheel steer concept vehicle on a heavy-duty truck frame that's driven by two electric motors.

At a media event Monday at GM's technical campus in Warren, Mich., Mark Reuss, the company's chief of global product development, said transition will take time, but the course has been set. Carmakers have apparently gotten the electrification message and many have recently announced major electrified additions to their fleets over the next several years. Capable of producing electricity for driving the vehicle's motors from compressed hydrogen in a super-strong tank carried onboard, fuel cell cars emit only water. But it also said that "getting to a zero emissions future will require more than just battery-electric technology".

GM showed us the broad plan on Monday, but - aside from a few hints - it was short on specific details on the upcoming all-electric models.

Detroit's largest auto makers ramped up plans for electric vehicles in coming years, the latest push from traditional car companies to respond to tougher emissions regulations and the prospect that some markets across the globe could eventually ban internal combustion engines powered with fossil fuels.

GM will follow up its well-regarded Chevrolet Bolt EV with a slew of advanced new all-electric models, the company said on Monday.

General Motors plans to go 100 percent electric, the Detroit automaker announced Monday. GM envisions SURUS as a delivery vehicle, truck or ambulance.

GM stock opened sharply higher - after the company's event had been scheduled but before its announcement had been made - and was up nearly 4 percent in afternoon trading. The cars, priced at almost $15,500, are the first attempt by the Indian government to replace its half-a-million fleet of diesel and petrol cars - used by hhigh-rankinggovernment employees - with electric vehicles. Pam Fletcher, who leads GM's autonomous- and electric-vehicle development programs, said that GM is planning efforts to expand the availability of fast-recharging stations for its customers. The Motley Fool has no position in any of the stocks mentioned.

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