"GM's Shift to Plug-In Hybrids: Dealers' Plea Amid EV Slowdown"
TL;DR Summary
General Motors CEO Mary Barra announced a shift in the company's product lineup strategy to include plug-in hybrid electric vehicles (PHEVs) in North America, aiming to meet federal fuel economy regulations. Barra emphasized GM's commitment to eliminating tailpipe emissions from light-duty vehicles by 2035 but sees PHEVs as a strategic interim solution. The move contrasts with the industry's focus on all-electric vehicles, reflecting a broader trend of automakers reconsidering hybrid technologies to meet consumer demand and regulatory standards.
Topics:business#automotive#electric-vehicles#federal-fuel-economy-regulations#general-motors#mary-barra#plug-in-hybrid-electric-vehicles
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