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Showing posts with the label #Ultium

Chevy's Next-G Intelligent E-Car

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Chevy's FNR-XE Electric Sedan Concept                                   Source:  GM, FNR-XE Could This be the Next 4-Door E-Camaro? Chevrolet's latest concept car, the FNR-XE, is an electric sedan that Chevy calls a look at the next generation of intelligent electric vehicles. It is actually Chevy's 1st, all-electric 4-door sedan. The EV is the result of a collaborative effort between GM's global resources and PATAC, which is GM's Joint Venture with SAIC Motors of China.  The vehicle is sleek, athletic and is reminiscent of the iconic Camaro.  Some global automotive experts are wondering if this concept will eventually become the new, electric, 4-door Camaro. There is a lot of expert opinion that it will be. No matter what, the FNR-XE contains a number of firsts. New Firsts for Chevy The new EV concept is very important because it is Chevy's 1st, 4-door sedan that contains ...

GM Accelerates EV Spending

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GM's Electric Vehicles Spending to Increase 35%                                        Source:  Cadillac Lyriq GM Also Increasing Battery Production GM is going full throttle on electric vehicles.  Challenging Tesla's EV leadership, GM just announced it is accelerating planned spending on future EV's to more than $27 billion.  That is 35% more than planned.  And to accommodate the increased production of EV's, it will simultaneously increase its battery production. The announcement was made by GM CEO Mary Barra. Electric Vehicle Push By Global Automakers Last week, Volkswagen announced that it is investing $86 billion in electric vehicle development and production.  Tesla continues to leave the competition behind as it dominates global EV sales.  For GM, CEO Barra plans to offer EV's across the entire product line from vehicles costing less tha...