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GM China Rolling out 20 Electrified Models by 2023

GM China Rolling out 20 Electrified Models by 2023

General Motors is ramping up its launch of electrified vehicles in China. The ramp-up is in response to China’s policymakers putting a stronger emphasis on alternative energy vehicles.

The U.S. automaker is already in the process of an aggressive electrification plan in China. The current plan, launched in 2016, calls for 10 new electrified products by 2020. Apparently GM feels that isn’t enough in today’s environment.

Matt Tsien, head of GM’s China operations, said in Shanghai on Tuesday GM China will launch an additional 10 “heavily electrified” products between 2021 and 2023. For those keeping tabs, that means GM China will launch 20 new electrified vehicles by 2023.

The aggressive electrification plan is being partially driven by China’s upcoming stringent quota system. Basically the Chinese government is setting benchmark production numbers for alternative energy vehicles; automakers must continually meet these quotas. The quotas will rise significantly next year.

During his remarks, Tsien also confirmed GM does not have plans to capitalize on China’s April announcement that it will ease foreign ownership restrictions on automakers. The company plans to continue leveraging joint-venture partners in the country.





 

About Nick Saporito

AutoVerdict Senior Editor Nick Saporito began writing about cars at age 13. Nick ran a couple of automotive enthusiast sites for several years, before taking some time off to focus on his career and education. By day he's a marketing executive in the telecom world and by night he hangs out here at AV. You'll find him focusing on tech, design and the industry's future.
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  1. Andrew_L
    Tone
    Man, that Buick concept is good looking! I’m not even interested in CUVs, and that would still turn my head.

    Note to GM: design still matters. You used to be a leader. Get bck to that!


    The Riviera concept from a few years ago was gorgeous it's too bad there's a 0% chance of that ever happening.
    Tone
    Man, that Buick concept is good looking! I’m not even interested in CUVs, and that would still turn my head.

    Note to GM: design still matters. You used to be a leader. Get bck to that!
    Andrew_L
    I imagine Buick and Cadillac will be the priority first.
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