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General Motors Co. (GM) plans to launch 10 "new energy" vehicles including hybrid1 electrics, plug-in hybrids2 and pure electrics in China by 2020.
通用汽车计划与2020年前在中国发布10款新能源汽车,包括混合动力车、插电式混合动力车以及纯电动汽车。
Besides Cadillac CT6 plug-in hybrid electric that has already been in sale in China, GM's Buick will have a pure battery-electric for China by 2020, the Detroit News reported in a news released Thursday.
"New energy" vehicles are now the focus of the Detroit-based automakers. Months ago, GM launched its new 2017 Chevrolet Bolt EV, a pure electric with an estimated 380 kilometers of range and equipped with a 60-kwH battery pack. Recently, it debuted3 the Buick Velite 5 plug-in hybrid electric vehicle based on the Chevrolet Volt4.
Available at a price around 30,000 U.S. dollars after a federal income tax credit, GM sold 4,384 Bolt EVs in April this year in the United States.
A McKinsey & Co. study in January found the cost of an average battery pack has dropped from more than 1,000 dollars per kilowatt5 hour to an estimated 227 dollars per kilowatt hour in 2016. The research firm predicts that the cost could fall to less than 190 dollars per kilowatt hour by the end of 2020 and further to less than 100 dollars by 2030.
Statistics provided by the federation6 show that U.S. sales of EVs and plug-ins in 2016 totaled about 159,000 units, up 37 percent from 2015.
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