Citing a report in German monthly business circular Manager Magazin, Automotive News says that Opel chief executive Karl-Thomas Neumann has been developing a strategy to transform the General Motors subsidiary into an EV-only brand.
According to the report, the proposal was designed to help ensure Opel’s long-term viability, with the GM board set to make a decision on the plan in May.
Prompted by concerns that Opel would not be able to sustain development of both combustion and electric drivetrains, Neumann is said to have been working on the strategy as GM discussed the possibility of selling Opel to PSA Group.
Under the terms of the plan, Opel would leverage the GM EV platform used for the Chevrolet Bolt as the basis for future models, phasing out sales of vehicles equipped with combustion engines by 2030. As part of the transition, Opel would be divided into “old” and “new” divisions.
The status of Neumann’s proposal remains uncertain.
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