General Motors announces new product plan: 20 electric vehicles in 5 years

General Motors announced yesterday that it will launch two new all-electric vehicles within 18 months, which will be the first of at least 20 new electric vehicle models they plan to launch by 2023.

In addition to the new models, GM also proposed a new concept of hydrogen fuel cell technology, but the use of this clean fuel technology still requires a large-scale upgrade of the automotive infrastructure before it can become a viable alternative for automotive power.

At a news conference in Detroit, Mark Reuss, GM's executive vice president of global product development, said GM is "committed to an all-electric future."

"This is not just a statement of war on paper," said Mark Reuss. "In our plan, GM will lead the world in the development of all-electric vehicles in the future."

GM's announcement is part of a global shift in the auto industry, with nearly every major automaker saying they will phase out internal combustion vehicles.

Just last month, Mercedes-Benz parent Daimler said it plans to offer electrified versions of all its cars by 2022. Volvo said it will stop making gasoline cars by 2019. Volkswagen said it will have a lineup of 300 all-electric vehicles on sale by 2030.

Compared with the aggressive strategic plans of its competitors, GM's announcement was much more modest, announcing only plans for 20 new all-electric vehicles and making no commitment to full electrification.

Finally, regarding the new electric vehicle market, Mark Reuss expressed his confidence in GM's future profitability.

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.