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Old Posted Jan 25, 2021, 10:43 PM
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thurmas thurmas is offline
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https://www.freep.com/story/money/ca...ts/6628228002/

General Motors' costs to make electric vehicles will drop by nearly a third from what it spends now making the Chevrolet Bolt when it launches the GMC Hummer pickup late this year.

And GM will offer an electric Hummer SUV and another all-electric pickup beyond the Hummer soon, said Doug Parks, GM's executive vice president of global product development.

The Ultium architecture has allowed GM to develop EVs at a dramatically faster pace, Parks said. GM has said it will bring 30 new EVs to market by 2025. "You guys can do the math, this thing is going to happen sooner rather than later," he said.

Finally, Parks said GM is looking at its retail process and car dealerships. Late last year, Cadillac offered dealers a buyout if those dealers did not want to upgrade their stores to sell EVs.
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