HOW CARS WITH PLUGS HAS CHANGED GM

GM's Electric Car Ambitions Are Reshaping the Company; Gas powered vehicles aren’t going anywhere soon, but GM eyes an electric future.

Kristen Korosec, February 19, 2016 (Fortune)

“Half of the 8,600 designers and engineers who work on the products and controls that make GM cars and trucks move…are involved with alternative and electric propulsion systems…[The statistic] illustrates the company’s shift over the past several years towards electric and plug-in hybrid electric cars…[and why it renamed] GM Powertrain to GM Global Propulsion systems…[T]he vast majority of the 9.8 million vehicles GM sold globally in 2015 are gas powered…[and it is not clear how much of GM’s workforce is dedicated 100% to alternative and electric propulsion systems but it] has increased its investment and resources in the design and production of electric vehicles and plug-in hybrids…GM’s portfolio isn’t chock-o-block full of hybrids and all-electric vehicles. Still, the options have steadily ramped up…The Chevy Volt did see a drop in sales in 2015. However, sales surged towards the end of the year—and the streak continued in January—due to demand for the next generation 2016 Chevy Volt…GM’s next big electric vehicle project is the Chevrolet Bolt EV…[which] will have a 200-mile range [and reach an 80% charge in around 60 minutes and] cost around $30,000 after government clean energy incentives…” click here for more

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