Skip to main content

GMC mulling plans for electric pickups, SUVs

2019 GMC Sierra AT4

Following Ford’s announcement that it plans to electrify its entire F-Series lineup with battery-powered and hybrid truck models, a GMC executive tells CNBC that the truck brand is “taking a close look” at a potential line of electric pickups and SUVs.

”Certainly, it’s something we’re considering,” GMC vice president Duncan Aldred told the news network, though he would not elaborate on any development plans. Instead, Aldred pointed to General Motors CEO Mary Barra’s March 2018 statement that GM is on  a “path to an all-electric future.”

Aldred added that the cost of battery technology remains the biggest barrier to more widespread implementation across mainstream automotive product lines. That’s why, Aldred said according to CNBC, “automakers would likely target higher end products,” in order to cover up some of the added cost of the more expensive powertrain.

And these days, there are few products higher end than pickups and SUVs, which CNBC notes “carry some of the highest profit margins in the auto industry, particularly some of those sold through the GMC brand.” Not to mention, Ford’s $100,000 Super Duty.

CNBC followed up on Aldred’s comments by speaking with David Cole, the director emeritus of the Center for Automotive Research in Ann Arbor, Michigan. Though he did not speak to a timeline on an electric GMC, Cole says Aldred’s comments do point to a high degree of confidence at GM in being able to not only engineer electric trucks, but sell them as well, adding that the automaker “wants to be at the forefront of battery-electric technology.”

And for good reason. Though fully-electric vehicles are currently a niche product due to lagging infrastructure and the aforementioned higher price tags, competition to offer battery-powered trucks is quickly heating up with both Ford and Tesla teasing plans for electric pickups, while automotive startups like Rivian, Workhorse and Bollinger have already revealed their battery powered trucks.

 



from Equipment World http://bit.ly/2Tn1AN5
via Handy Rep Ai
Labels:

Comments

Post a Comment

Popular posts from this blog

List of Best Construction Companies in Bengaluru

Bangalore city which is now renamed as Bengaluru city is one of the biggest IT hubs in India. Bengaluru city has attracted many top construction companies in India to construct huge IT parks across the Bengaluru city. We have compiled a list of best construction companies in Bengaluru so that job seekers who are looking for civil engineering jobs can directly visit the job page of this top construction companies in Bengaluru and apply to appropriate jobs. Scope of top construction companies in Bengaluru Apart from building big IT parks, these leading construction companies in Bengaluru are also involved in construction of residential apartments in Bengaluru area, flats in Bengaluru city, big retail outlets in Bengaluru, hotels in Bengaluru, malls in Bengaluru, commercial spaces in Bengaluru etc. That is why in addition to big construction companies in Bengaluru, this city has also attracted top Architecture companies in India, best construction contractors in India, top scaffoldin...
19 comments
Read more

Walk-In Interview for Overseas on 2nd May 2018 | Travel Point HR Solutions India | 5 – 25 yrs | Chennai

Walk-In Interview on 2nd May 2018 at Chennai for Overseas Location Saudi Arabia  Candidates should be B.E/ B.Tech / Degree with Min 5 yrs of Exp Candidates from sea water Destination and power Production Walk-In Interview on Wednesday 2nd May 2018 Venue: Travel Point HR Solutions India APJ Buinesss center, 12 Haddows Road, Nungambakkam, Chennai Tamil Nadu – 600006 Contact : MS : Waseema – 9704675049 / 040-33151524                  Mr. Samee – 8886644854 / 040- 33151523 Email Address: e ngineers@travelpointhr.com Electrical Engineer 36 Openings Implementation of policies and procedure Supervising the working staff and updating the periodic maintenance schedule with the concerned parties as their polices following the programs and the working table of preventing maintenance Achieving and following repairing works and the daily maintenance to secure that they matching the required quality according the stander maint...
Post a Comment
Read more

12 Fast-Growing Shrubs to Plant This Fall

Though spring is traditionally the biggest season for planting, fall is a great time to get in new shrubs. When planted at least a few weeks before the first frost, they have time to get their roots established before winter dormancy, and will be ready to burst forth with foliage and blooms in spring. Check out some of our favorite fast-growing shrubs you should consider planting this fall. from Bob Vila : Trusted Home Renovation & Repair Expert https://ift.tt/2xCFQnv via Handy Rep Ai
Post a Comment
Read more