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@GM Plans 500,000 Vehicles with Electrification by 2017 http://3bl.me/y6vy45

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General Motors, one of the worlds largest automakers, traces its roots back to 1908. With its global headquarters in Detroit, GM employs 209,000 people in every major region of the world and does business in more than 120 countries. GM and its strategic partners produce cars and trucks in 31 countries, and sell and service these vehicles through the following brands: Baojun, Buick, Cadillac, Chevrolet, FAW, GMC, Daewoo, Holden, Isuzu, Jiefang, Opel, Vauxhall, and Wuling. GMs largest national market is China, followed by the United States, Brazil, the United Kingdom, Germany, Canada, and Russia. GMs OnStar subsidiary is the industry leader in vehicle safety, security and information services.

GM Plans 500,000 Vehicles with Electrification by 2017

Nov 15, 2012 1:45 PM EST

DETROIT, November 15, 2012 /3BL Media/ - General Motors will have up to 500,000 vehicles on the road with some form of electrification by 2017 with a focus on plug-in technology, the company’s top product development executive said Wednesday.

“The plug-in offers a unique opportunity to change the way people commute,” Mary Barra, senior vice president of Global Product Development told media attending the GM Electrification Experience in San Francisco. “Plug-based solutions will play a significant role in our technology portfolio going forward.”

The plug-in Chevrolet Volt extended-range electric vehicle, introduced in 2010, has become more than a statement for GM in the electric vehicle space, Barra said by satellite from Detroit.

“What started out as a technology proof point… has turned into a real-world starting point to push EV technology further and faster than we thought possible five years ago,” she said. “The unique propulsion technology pioneered in the Volt – the same technology that will be featured in the Cadillac ELR – will be a core piece of our electrification strategy going forward.”

Learning from the Volt is being liberally applied to the Chevrolet Spark EV, which will go on sale next year in the certain U.S. markets and South Korea with other markets to be announced soon.

“We’ll meet requirements set by certain regulatory agencies, but we’re not building the Spark EV to check a regulatory box,” Barra said. 

GM is on track to sell more than 50,000 vehicles this year with electrification – between the Volt and eAssist light electrification technology on the Buick LaCrosseRegal and Chevrolet Malibu. The 2014 Chevrolet Impala also will offer an eAssist model when he debuts next year.

“Our commitment to eAssist is unwavering,” Barra said. “In fact, our future portfolio calls for eAssist to be on hundreds of thousands of GM vehicles annually by 2017.”

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

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