General Motors and Honda today announced they have signed a non-binding memorandum of understanding following extensive preliminary discussions toward establishing a North American automotive alliance. The scope of the proposed alliance includes a range of vehicles to be sold under each company’s distinct brands, as well as cooperation in purchasing, research and development, and connected services.
At GM’s recent “EV Day” in Warren, Michigan, the common feeling among attending journalists and writers after the 2-hour event was one of information overload.
“We believe in an all-electric future and we are bringing all of the power and assets of GM to the EV opportunity.” Those were the key messages that both GM CEO Mary Barra and president Mark Reuss conveyed several times throughout a 2-hour action-packed agenda delivered to an estimated 50 journalists during EV Day at GM’s Design Dome at the Tech Center in Warren, Michigan.
In advance of its “EV Day” show and tell event Wednesday in suburban Detroit, General Motors announced plans to expand availability of workplace EV charging for its employees.
GM president Mark Reuss is at it again. Last month in an op-ed for CNN Business, he trotted out a long list of reasons why the world is not ready for electric cars just yet but may be someday, God willing and the creek don’t rise. Now here he is just a few weeks later revealing the company’s super secret plan to raise enough money to pay for EV development — build larger SUVs.
Mark Reuss, president of General Motors, says there are three factors keeping people from buying electric cars. But there is one more — the attitudes of senior executives of legacy auto makers.
GM president Mark Reuss told an audience this week his company is driving down the cost of manufacturing electric cars and would sell EVs ordinary people can afford and make money doing it — soon.
GM’s CEO, Mary Barra, tells the press that her company will basically split into two separate divisions — one building electric cars for the world market in China, the other manufacturing trucks and SUVs in America.
General Motors says it will have two new electric cars on sale in 18 months and 20 models in its lineup by 2023, plus a fuel cell powered truck chassis.
The head of global product development at GM, Mark Reuss, was recently quoted as saying that the company was aiming to be the first auto manufacturer to sell an affordable electric vehicle that makes a profit.
