TalismanRich
Well-known member
It appears that at least some reality is creeping into companies. GM had their Q4 earning call. They had previously said they would be all electric by 2030.
On the company's fourth-quarter earnings call, Barra reversed course from GM's "all-in" electric vehicle strategy, saying that plug-in hybrids will play a role in helping the company meet more stringent tailpipe emission regulations in the coming years.
"GM remains committed to eliminating tailpipe emissions from our light-duty vehicles by 2035," Barra said. "But in the interim, deploying plug-in technology in strategic segments will deliver some of the environmental benefits of EVs as the nation continues to build its charging infrastructure."
For the vast majority of drivers, a plug in hybrid with a electric range of something like 30-40 miles would cover a high percentage of daily trips. On occasions where you need long range, the ICE can take over. Long trips might be 25% of the total mileage so that's a massive reduction in emissions, especially since engine efficiency is usually highest on the highway where speeds are constant. It's the acceleration that sucks up the gas.
On the company's fourth-quarter earnings call, Barra reversed course from GM's "all-in" electric vehicle strategy, saying that plug-in hybrids will play a role in helping the company meet more stringent tailpipe emission regulations in the coming years.
"GM remains committed to eliminating tailpipe emissions from our light-duty vehicles by 2035," Barra said. "But in the interim, deploying plug-in technology in strategic segments will deliver some of the environmental benefits of EVs as the nation continues to build its charging infrastructure."
For the vast majority of drivers, a plug in hybrid with a electric range of something like 30-40 miles would cover a high percentage of daily trips. On occasions where you need long range, the ICE can take over. Long trips might be 25% of the total mileage so that's a massive reduction in emissions, especially since engine efficiency is usually highest on the highway where speeds are constant. It's the acceleration that sucks up the gas.