CHEVROLET ELECTRIC VEHICLES
GM committed to EV’s & alternative solutions to meet anticipated future consumer trends & regulations. Beat’s the market with the first mass market 200 miles $30k Chevrolet Bolt EV.
GM, Chevrolet’s parent company, sees itself as a leader in advanced battery technology, with three labs in the USA, Germany, and China. The USA lab is the largest battery systems lab for an automaker in America. GM is also the first US automaker to design and build drive trains and motors for electric vehicles. GM has produced more than 20 million battery cells for more than 73,000 GM plug-ins with a quality metrics of less than two problems per million battery cells produced.
General Motors markets its designed and manufactured vehicles under the following badges Chevrolet and Buick in USA, Canada, Mexico, and China, Holden in Australia and New Zealand, Vauxhall in the UK, and Opel in Europe. GM rebadges the Chevrolet Volt and Bolt under the Ampera name. In China, General Motors and its joint ventures will roll out more than ten new energy vehicles under the Chevrolet, Buick, Cadillac, and Baojun brands.
GM is also betting heavily on Hydrogen Fuel Cell technology. Looking ahead to 2020, in collaboration with Honda, the Company is developing next-gen hydrogen fuel cell systems and storage technologies.
GM is placing a huge focus on mobility by executing a plan to capitalize on the future of personal mobility using tools such as connectivity, ridesharing, car sharing and autonomous driving.
Expecting that by 2020 75% of all its global sales would be connected. GM’s OnStart platform is a market leader in the connectivity segment for the past 20 years, and the Company has a total of 500 connectivity patents. In China, all Cadillac, Buick, and Chevrolet models will be connected by 2020.
In January 2016, GM started its personal mobility brand called Maven, which combines and expands the company’s multiple car-sharing programs, including the EN-V 2.0 pilot program with Shanghai Jiao Tong University. GM recently announced a long-term strategic alliance with Lyft to create an integrated network of on-demand autonomous vehicles in the United States. GM will invest $500 million to help the company continue the rapid growth of its successful ridesharing service. GM acquired Cruise Automation in early 2016 to further accelerate GM’s development of autonomous vehicle technology.
CHEVROLET EV MODELS
CHEVROLET EV SALES
CHEVROLET ELECTRIC CARS IN THE NEWS
2017 Week 24 - GM produces Autonomous Bolt EV
GM announced this week that it completed the equipment of 130 Chevrolet Bolt EVs with its next generation of self-driving technology. The vehicles will be added to its fleet of 50 current generation Bolt EVs testing the autonomous technology on public roads in San Francisco Scottsdale and Detroit. The company reported that the new generation technology features GM’s latest array of equipment, including LIDAR, cameras, sensors and other hardware designed to accelerate development of a safe and reliable fully autonomous vehicle.
In related news the California DMV permitted self-driving truck start-up, TuSimple, to test its artificial intelligence (AI)-based Level 4 autonomous driving system on 420-miles of public roads from San Diego to Tucson in Arizona.
2017 Week 13 - GM buys EV unicorn, OSVehicles
OSVehicle provides an open-source platform for hobbyists and other start-ups. Customers can have a full EV platform, the Tabby EVO, shipped between $12,500 and $19,500. OSVehicle claim start-ups can save $2 million and 3-years in Research and Development by going the open-source route. The open-source platform enables for larger disruption in mobility options using electric vehicles. Imagine adding George Hotz’s self-driving car kit which he plans to market through his company comma.ai at a price of $1,000, and you can build your own “ai-chauffeur” driven zero-emission vehicle.
GM aims to use OSVehicle to develop its EDIT modular self-driving car based on the Chevy Bolt M1 platform. The decision was influenced by the ability of modular platforms to extend the lifespan of heavy use vehicles, such as ride sharing and hailing applications. OSVehicle‘s Yuki and Tin Hang Liu claim that through the use of modular architecture, car fleets can last ten times longer.
2017 Week 9 - USA February EV sales unpacked, GM stays ahead, Bolt slides
February Electric Vehicle sales data released for the USA this week reveals some interesting talking points. Overall, February sales gained a further 13.4% in January 2017 and over 55% on year on year basis. Contributors to the increase came from a nearly doubling in sales of the Tesla Model S and continued demand for the new Toyota Prius Plus. Unfortunately, the Prius in our books hardly counts as an electric vehicle due to its underwhelming continued reliance on its combustion engine. Disappointingly, sales for the Chevrolet Bolt declined over 18% from January, bringing total sales for the four months to 3,272 units, far short if one takes that at a claimed 30,000 units per annum the Bolt should have sold 10,000 units during the four months. In the carmaker standings, GM retained its lead with 2,776 units over Tesla’s 2,550 units with Ford taking third place with 1,704 units.
2017 Week 3 - Chevrolet lauded for its efforts in the advancement of electric vehciles
A report just released by the Californian Air Resouces Board indicated that advancement in electric vehicle technology is happening at a much faster pace than anticipated five years back. The report highlights the efforts by Tesla and Chevrolet to bring affordable and long-range vehicles to the market. The report found expanding charging networks, advancements in battery performance, decreasing cell costs, and the number of models available to the consumer as factors for the improved results. On the other hand, the Board states that not all automakers attack the challenges with the same vigor, with Honda and Fiat Chrysler named as company’s that just do the bare minimum to comply with regulations. We predict this will reflect in the various companies share prices five years from now when the next report takes the pulse of the sector.
2016 Week 45 - Los Angeles Auto Show 2016
Although not as electric vehicle focused as the Paris Auto Show earlier the year, the Los Angeles Auto Show to be held this coming week promises to provide further insight in how automakers gear up for their respective electric vehicle strategies. Vehicle Manufacturers to keep an eye out for is Hyundai, Land Rover, GM, Tesla, BMW, Mercedes, and Nissan. Market commentators will also be looking at how some manufacturers utilise the low fuel cost environment to bring more SUV’s and crossovers to the market. The consumer’s appetite for these vehicles in the low fuel environment has long been the Achilles heal for the addition of EV vehicles, adding to an ever increasing glut of sedan vehicles.
2016 Week 44 - Charging Corridors
Reuters reported on an announcement by the White House that it will establish 48 EV Charging corridors, comprising 25,000 miles across 35 States with the support of Utilities and vehicle manufacturers. The initiative will allow for charging stations every 50 miles. The press release goes further by identifying specific State programs to support the adoption of electric vehicles, including California’s commitment to have 5% of all public parking to include charging stations. Car manufacturers supporting the initiative includes BMW, Nissan, and GM.
2016 Week 39 - Paris Auto Show
For the first time at an international auto show, electric vehicles took center stage at the Paris Auto Show this week, overshadowing new reports of Tesla autopilot crashes, refuted by the company. The prominence of electric vehicles at the show confirms the shift towards the segment. Most of the front-runners in the segment were presented there and used the opportunity to unveil new models, such as the Opel Ampera-e, which is the Chevrolet Bolt badged for the European market. VW unveiled its ID concept vehicle and Renault the Trezor.
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China’s 2018 batch of new EV models have some surprisingly good cars threatening Western automakers still grappling how to catch-up to the increased popularity of EVs. While big auto plans to bring new models to market in 2020 China is already pushing out large amounts of new EV models.