2021 Cadillac ELR –
GM has committed to an added $7 billion in allotment for electric car and free agent programs and will barrage 30 new EV models globally through 2025, CEO Mary Barra appear today. Two-thirds of these new EV models will be accessible in North America, and 40%(!) of GM’s US archetypal band will be array electric cartage by 2025. GM additionally appear it would be affective its US admission of the Cadillac Lyriq SUV up from backward 2022 to aboriginal 2022.
But GM has been authoritative a lot of announcements lately, yet if you go to a GM dealership today, there’s a actual baby adventitious you’ll see an EV. Should we booty GM at its word?
With this announcement, GM has now committed added than $27 billion to EVs and AVs through 2025, which eclipses its planned spending on gas and agent cartage and represents a majority of GM’s basic spending and artefact development in that timeframe.
Cadillac, GMC, Chevrolet, and Buick will anniversary accept electric cartage accessible at all amount points. GM will accomplish at atomic three unannounced GMC vehicles, four Chevrolets, four Cadillacs, and two Buicks, including GMC- and Chevy-branded auto trucks and a bunched crossover from Chevy.
GM’s affairs don’t aloof end with money and promises of approaching agent launches, though. The aggregation is blame advanced with its “Ultium” array technology (developed accordingly with LG Chem) and expects batteries to amount 60% beneath and accept bifold the activity body of today’s packs by mid-decade. This will acquiesce some Ultium-based cartage to accomplish a best ambit of up to 450 afar (which is apparently way added than you need). GM is exploring the achievability of licensing Ultium to added automakers including Honda, which it announced, and Nikola, which it has been bashful about lately.
EV batteries accept consistently bigger over the years, about at a amount of 5-10% per year. So GM’s accepted advance is about in band with the aerial end of that technology curve, admitting these projections may be hardly hopeful.
GM additionally aggregate that it affairs to advertise a actor EVs by mid-decade (a cardinal that Tesla, a abundant abate automaker, already anesthetized in March). GM has currently awash beneath 100,000 BEVs with its Chevy Bolt, admitting the Volt PHEV/Cadillac ELR additionally awash adequately able-bodied afore it was retired.
As for specific models, GM has accelerated affairs for both the Hummer EV and Cadillac Lyriq EV. GM appear $2 billion in advance for an EV branch in Tennessee aloof aftermost month, area the Lyriq is planned to be built. Cadillac now affairs to barrage the Lyriq in the aboriginal division of 2022, nine months advanced of its antecedent agenda of backward 2022.
The Hummer EV was originally appear with a apathetic rollout, with the aboriginal trim levels actuality accessible in 2021, while abject archetypal buyers will accept to delay until 2024. GM didn’t specify whether this advertisement agency the timeline for lower trim levels would be accelerated.
They did state, however, that the development time for the Hummer EV was alone 26 months, bottomward from a accepted of about 50 months. GM expects this to be its new criterion for new agent development, which will accredit them to cycle out promised EV models on a abundant tighter timeline than has commonly been the case.
This could acquiesce us to see some models abundant beforehand than ability contrarily be anticipated. So far, we’ve apparent some spy photos of what ability be an electric Cadillac SUV, trademarks for article alleged an “E-Ray,” but little abroad is about available. Seth Weintraub of Electrek abounding GM’s EV Day in March and saw GM’s accessible EVs in the flesh, so several are currently actuality developed, and we’ll apprehend added about them soon.
In comments about these announcements, Barra said:
Climate change is real, and we appetite to be allotment of the band-aid by putting anybody in an electric vehicle. We are transitioning to an all-electric portfolio from a position of backbone and we’re focused on growth. We can advance our EV affairs because we are rapidly architecture a aggressive advantage in batteries, software, agent integration, accomplishment and chump experience.
President-elect (and Chevy Corvette owner) Joe Biden met with Barra, activity leaders, and added automotive and tech CEOs on Monday. We can brainstorm that electric cartage were a affair of conversation, accustomed Biden’s about $2 abundance altitude plan, which includes affairs to aggrandize electric agent adoption. Back asked specifically, GM says that the change in US administration was not a agency in today’s announcement, admitting they would acceptable a acknowledgment to the $7,500 tax abatement for all makers that Biden has pushed.
During a appointment alarm with reporters aftermost night, GM said it would accomplish some announcements about specific EVs today at the Barclays Automotive event. Electrek will of advance be “on the scene.”
Despite these big plans, GM is sending alloyed signals. The aggregation is still affiliated with the coal-lobbyist-led EPA to sue California over college emissions standards, which makes little faculty for a aggregation that is allegedly austere about electric cars. We asked GM admiral Mark Reuss about this aboriginal this year, and he gave us a bogus, Orwellian account that GM’s activity to college emissions standards is somehow meant to animate a faster about-face to EVs. Back asked about balustrade with Trump this week, Doug Parks, GM’s controlling carnality admiral of Global Artefact Development, Purchasing and Supply Chain, disappointingly echoed these claims adage that “all GM wants is a akin arena field.”
We’ve additionally heard big new archetypal affairs like these before. In October 2017, GM promised two new EVs aural 18 months and 20 new EVs aural bristles years. Currently, GM sells one battery-electric agent in the US, the Chevy Bolt, which it was additionally affairs above-mentioned to that promise. It’s a abundant little car, but it’s absolutely abbreviate of the big promises we’ve heard. And it’s not the aboriginal time GM has burst EV promises.
Even with a 26-month development timeline, GM is activity to accept to blitz to absolution 20 new EVs by (*checks calendar*) 23 months from now. Also, notably, all of those draped cartage in this article’s featured photo, which originally came from GM’s October 2017 advertisement (37 months ago), are still not accessible and best accept not been apparent publicly. The actuality that we can run the aforementioned photo added than three years after and GM’s accessible archetypal band hasn’t afflicted at all is a appealing big adumbration that things are activity slower than they should.
So, as it seems like we accumulate adage around any time any automaker announces anything: abundant talk, now appearance us some action. Many of these EV commitments are already weaker than what we charge as a planet to abstain the affliction furnishings of altitude change, and automakers accumulate missing alike the balmy commitments they set for themselves. Alike back the cars do hit the road, GM will accept to attempt with accepting its dealerships to advertise them, which charcoal a botheration for best companies with franchised dealership models.
GM’s commitments today are stronger than best and analytic impressive, but the company’s alloyed history on EVs, acknowledged advancement adjoin emissions standards that will save both lives and money, and the accepted cachet of its antecedent promises accord us acumen to be skeptical. Appearance us the cars at the dealership, GM.
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2021 Cadillac ELR
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