GM Will Say Goodbye To the Chevy Bolt EV and EUV This Year

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The automaker has a slate of hot new Ultium all-electric vehicles to take the Chevy Bolt EV and EUV's place in the near future.

In its slow ramp up, GM built about 2,000 Cadillac Lyriq midsize electric SUVs in the quarter. It is the first vehicle with Ultifi, GM's new Linux-based software platform that allows for frequent updates.and will be adding the smaller Zevo 400 deliver vans later this year.

Cruise, which operates autonomous vehicles, has doubled its fleet size in the last quarter and now has 242 AVs operating continuously with more than 1,000 trips with passengers every day, says CEO Kyle Vogt. Cruise is now offering driverless rides across all of San Francisco, 24 hours a day and the Cruise Origin driverless vehicle will be testing soon in Austin. Overall, Cruise is inching towards reaching profitability, Vogt says."It is a milestone year for Cruise," Barra says.

This would be the fourth battery plant for GM which has three Ultium Cells LLC joint ventures with LG Energy Solution. Production continues to ramp up at the Ultium Cells plant in Warren, Ohio, which should reach full capacity at the end of the year. Two more plants are under construction in Spring Hill, Tennessee, which will start production at year end, and in Michigan which should be ready to launch in 2024. GM and LG cancelled plans for a fourth plant in the U.S.

Adding Samsung SDI as a battery partner helps GM diversify its supply chain to meet aggressive EV targets, giving it 160 gigawatts of capacity in total. The automaker wants enough North America capacity to build 1 million EVs a year by 2025.Not ignoring internal combustion engine side of the business which is flourishing. Barra says more than half of all orders for

 

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