{"id":17825,"date":"2017-10-03T14:22:21","date_gmt":"2017-10-03T13:22:21","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=17825"},"modified":"2017-10-03T14:22:21","modified_gmt":"2017-10-03T13:22:21","slug":"general-motors-targets-20-electric-models-2023","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/general-motors-targets-20-electric-models-2023\/","title":{"rendered":"General Motors targets 20 all-electric models by 2023"},"content":{"rendered":"

General Motors announced plans Monday to launch 20 all-electric cars by 2023, part of a long-term push to an \u201call-electric\u201d fleet as governments globally embrace fuel efficiency.<\/p>\n

The biggest US automaker said it will introduce within 18 months two new models built on the learnings of the all-electric Chevrolet Bolt, which was launched in December 2016.<\/p>\n

\u201cGeneral Motors believes in an all-electric future,\u201d said General Motors executive vice president Mark Reuss.<\/p>\n

\u201cAlthough that future won\u2019t happen overnight, GM is committed to driving increased usage and acceptance of electric vehicles through no-compromise solutions that meet our customers\u2019 needs.\u201d<\/p>\n

The Bolt, the first all-electric vehicle aimed at the middle market, now faces competition from Tesla\u2019s Model 3, which has won admiration among many environmentalists and car aficionados as a leader in new car technologies.<\/p>\n

Car companies are investing heavily in all-electric vehicles as officials from China to Europe emphasize the need for more energy-efficient vehicles, even as today\u2019s fleet remains overwhelmingly populated with conventional autos.<\/p>

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Advertisement<\/div>\r\n\t\t\t\t\t\t\t<\/a>\r\n \r\n\t\t\t\t\t\t\t<\/div>\n

Officials from Britain and France are among those who have said they plan to block sales of diesel or gasoline-fueled cars in 2040, while Norway has set a 2025 deadline.<\/p>\n

China has set a target that at least 12 percent of cars must be hybrid or electric by 2020.<\/p>\n

GM got a boost Monday from Deutsche Bank, which upgraded the company\u2019s stock to \u201cbuy\u201d and said it enjoys an advantage over competitors in \u201cautonomous and new mobility models.\u201d<\/p>\n

GM shares jumped 4.5 percent to $42.19 in afternoon trading.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

General Motors announced plans Monday to launch 20 all-electric cars by 2023, part of a long-term push to an \u201call-electric\u201d fleet as governments globally embrace fuel efficiency. The biggest US automaker said it will introduce within 18 months two new models built on the learnings of the all-electric Chevrolet Bolt, which was launched in December …<\/p>\n","protected":false},"author":6,"featured_media":17826,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[2876],"coauthors":[2391],"class_list":["post-17825","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-general-motors"],"yoast_head":"\nGeneral Motors targets 20 all-electric models by 2023 - National Wire<\/title>\n<meta name=\"description\" content=\"General Motors announced plans Monday to launch 20 all-electric cars by 2023, part of a long-term push to an \u201call-electric\u201d fleet as governments globally embrace fuel efficiency.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/general-motors-targets-20-electric-models-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"General Motors targets 20 all-electric models by 2023 - 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