• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

GM’s Future: 20 All-Electric Vehicles by 2023

By
Kirsten Korosec
Kirsten Korosec
Down Arrow Button Icon
By
Kirsten Korosec
Kirsten Korosec
Down Arrow Button Icon
October 2, 2017, 1:44 PM ET

GM plans to launch 20 new all-electric vehicles by 2023—two of which will be introduced in the next 18 months, the automaker announced on Monday at a press conference in Detroit.

The first two electric vehicles will be based off “learnings” from the Chevrolet Bolt EV. First released in California and Oregon in December of 2016, the electric car became available in all 50 states this August.

The Chevy Bolt EV starts at $35,000 before federal tax credit and gets 238 miles on a single charge. The base model of rival Tesla’s mass-market car, the Model 3, gets 220 miles to a single charge.

“General Motors believes in an all-electric future,” Mark Reuss, GM executive vice president of product development, purchasing and supply chain, said in a statement. “Although that future won’t happen overnight, GM is committed to driving increased usage and acceptance of electric vehicles through no-compromise solutions that meet our customers’ needs.”

There are some nuances in GM’s announcement that are worth highlighting. Unlike other automakers such as Daimler, Volkswagen, and Volvo, GM is not committing to a broad electrification of its entire portfolio. That said, GM’s 20 new electric vehicles really will be “all electric,” as opposed to “electrified.” (It’s an important distinction, as “electrified” can mean a gas-electric hybrid or plug-in hybrid.)

GM also upped its commitment to hydrogen fuel cell electric vehicles on Monday. The company says it’s two-pronged approach to electrification includes SURUS, an acronym for Silent Utility Rover Universal Superstructure. This vehicle type would be powered by a fuel cell and have a heavy-duty truck frame driven by two electric motors. It could be used as a delivery vehicle, truck, or even an ambulance, GM said.

About the Author
By Kirsten Korosec
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.