By 2023, GM plans to introduce a total of 20 electric vehicles, saying the company's entire lineup will be electrified at some time in the future.
Mark Reuss, GM's chief of global product development, talked about the company's new course at a media event in MI on Monday.
At an event in Warren, Michigan, on Monday, GM showed off three clay models of vehicles designed around its upcoming new battery-electric drivetrain: a Buick crossover, a Cadillac wagon, and a futuristic-looking small vehicle that could be the next-generation Bolt EV.
As of 3 pm EDT, GM's shares were trading at $42.19, up about 4.5% from Friday's close.
Based on a heavy-duty truck frame, and with two electric motors and all-wheel steer, it's part of the automaker's vision for what tomorrow's delivery vehicle, truck, or ambulance could look like in the years to come. Chevrolet's first electric vehicle, the Bolt, costs about $37,500, for example, and that's a small vehicle.
"We will continue to make sure our internal combustion engines will get more and more efficient", Reuss said. Mark Ruess, GM head of product, told Wired that the automaker will phase out its gas- and diesel-powered vehicles gradually in different markets.
This year, GM has sold just under 12,000 Bolts in the U.S.
"Although that future won't happen overnight, GM is committed to driving increased usage and acceptance of (EVs) through no-compromise solutions that meet our customers needs", Reuss says in a statement.
GM introduced its first long-range EV, the Chevy Bolt, in December 2015.
The company's long game and commitment to zero emission vehicles includes research into battery technology along with hydrogen fuel cells.
GM finished 2016 as the world's third-largest auto-seller, breaking previous company records with 10 million vehicles sold, according to the company's news release. While there are fuel cell based vehicles on the market already - like Toyota's Mirai and Honda's Clarity Fuel-Cell - there're only offered in limited markets, predominantly in pockets of California.
The acceleration to an all-electric future will begin nearly immediately, with GM releasing two new electric models next year and an additional 18 by 2023.
U.S. crude production reached 9.51 million bpd last week, up from 8.78 million bpd after Hurricane Harvey hit the U.S. Brent for November settlement advanced $1.03 to $56.17 a barrel on the London-based ICE Futures Europe exchange.
The scheme, a successor to the BSPS dubbed BSPS II, will be sponsored by Tata Steel UK and its Port Talbot plant. Tata blamed £1m a day losses on cheap imports of Chinese steel, high energy costs, and weak demand.
John McCain of Arizona told an MSNBC correspondent he might " reluctantly " vote for the measure offered by Sens. They insist the block grants approach in the measure brings flexibility to states that Obamacare lacks.
Sony's upcoming Venom movie is reportedly close to casting an Oscar-nominated actress for a lead role opposite Tom Hardy . But the details of the character of the four-time Oscar nominee in the movie have not been revealed yet.
Pictured, Dante Daniels beaten to death by Deandre Chaney Jr (inset) with hammer. "So a 4-year-old lives on because of". Dante never made it to his second day of third grade at Oakridge Elementary in South Sacramento , the report said.
An Israeli-Palestinian peace deal would eliminate "one of the main excuses" used by terrorists in the region, he argued. The objective is "to reach a just solution based on the principle of the two-state solution and worldwide decisions".
Macke's four children were taken into the custody of the Iowa Department of Human Services and placed with extended family. Cops say the day after the mom left the country, they got a tip the children were home alone in their apartment.
Much of the Island was destroyed, with billions of dollars owed to Wall Street and the banks which, sadly, must be dealt with. Apparently stung by the criticisms, administration officials have emphasized the complexity of delivering aid to the island.
Although Kylie was rumored to be pregnant with her ex Tyga's baby a few times when they were together, we never saw this coming. The Lip Kit creator and Scott started dating in April when Jenner called it quits with on-again off-again boyfriend Tyga .
Unlike when he walked free after his murder trial in 1995, Simpson faces parole supervision for another five years. He will live in a gated community in a suburb of Las Vegas, but will not "hide" from the public, the friend said.
London Mayor Sadiq Khan and the city's taxi drivers union both said they supported the decision not to renew Uber's license. Saturday night the Save Your Uber in London campaign on the Change.org website had gained almost 600,000 signatures.
New Orleans Saints vs Miami Dolphins
I want to see how Saints coach Sean Payton utilizes running backs Mark Ingram , Adrian Peterson and rookie Alvin Kamara . There also was a fourth-and-inches conversion by Brees on a sneak when the spot barely was good enough for a first down.
Buy iPhone 8 and 8 Plus with 70 % buyback offer
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Former soldier Henry Bolton elected as new leader of Ukip
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Shakhtar Donetsk coach Fonseca: I believe in Man City upset
It will be the five-time winners' first away game in the Champions League proper since a 2-2 draw at Ludugorets Razgrad in 2014. City, who were without injured left-back Benjamin Mendy , face champions Chelsea in the Premier League on Saturday.
Uber rival Lyft eyeing expansion into London market
Uber CEO, Dara Khosrowshahi has issued an apology to Londoners following the decision by TfL to not renew its license in the city. Just one month into his position as CEO of Uber , Dara Khosrowshahi is already apologizing to the entire city of London .
Polls open in New Zealand general elections
Ardern, 37, has vowed to close the gap between rich and poor and would spend more than National on welfare, health and education. However, he has proven to be more moderate in his previous stints in government than his rhetoric while in opposition suggests.
Moto X4 Android One edition goes official
The phone will have Android Nougat out of the box, but Google has confirmed it'll receive Android 8.0 Oreo before this year ends. The connectivity aspects on board the smartphone include 4G VoLTE, Wi-Fi, Bluetooth 4.1 LE and Global Positioning System .
CVS limits opioid prescriptions to fight epidemic
CVS will also be expanding its medication disposal units, adding 750 "drug take-back" kiosks in its pharmacies. Another component of the new program announced by CVS is an expansion of safe disposal sites at its stores.
Altherr's slam helps Phillies beat Dodgers, Kershaw
The Dodgers entered Monday with a magic number of four to clinch the National League West. "You can see him feeling for things". That was followed by a home run from third baseman Justin Turner to give the Dodgers a 2-0 lead five pitches into the game.
Rohingyas are security threat, India govt tells SC
The petition was filed by two Rohingya Muslims-Mohammad Salimullah and Mohammad Shaqir-who are now living in India. Their petition says that the Centre's plan to deport them violated worldwide conventions.