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US Auto Makers Step Up Plans for Electric Vehicles

03 October 2017

There have been a lot of new pushes to take the electric cars to the next level.

The first two new electric vehicles will be "based off learnings from the Chevrolet Bolt EV", GM said in a statement. The company also pledged to start producing hydrogen fuel cell vehicles for commercial or military use in 2020.

GM is intentionally being vague about its plans for switching to an all-electric powertrain strategy, but it is clearly planning to amp up its offerings in the relative near-term.

"We can't just flip a switch and make the world go all-electric", he said, adding that GM will continue to enhance the efficiency of internal-combustion engines until an all-electric future arrives. Engineers and designers will build on GM's electric lineup from there, the automaker said. With its capability and flexible architecture, SURUS could be used as a delivery vehicle, truck or even an ambulance-all emissions free.

In addition to the 10,000 electric cars, it will also roll out almost 100,000 electric auto rickshaws and buses in the next few weeks.

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GM has been a pioneer in the development of fuel-cell technology, putting its first prototype on the road four decades ago. These initiatives have been prompted by tightening emissions regulations in Europe and China, the ongoing buildout of recharging infrastructure, and - to some extent - the continued success of Tesla (NASDAQ: TSLA). According to the company, its September domestic passenger and commercial vehicle sales rose by 25 per cent to 53,965 units.

After almost a century of building vehicles powered by fossil fuels, General Motors - one of the world's largest automakers - announced Monday that the end of GM producing internal combustion engines is fast approaching. At the same time, crosstown rival. Tata's rival in the market, Mahindra - now the only company manufacturing electric vehicles in India - lost the bid.

The company wouldn't allow photographs of the vehicles, and it wouldn't say if any of the vehicles it showed were the ones coming in the next 18 months.

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John Rosevear owns shares of Ford and General Motors. The Motley Fool has a disclosure policy.

US Auto Makers Step Up Plans for Electric Vehicles