General Motors is scaling its electrification plans with a series of recent investments and a rollout of electric vehicles powered by its proprietary Ultium batteries.
GM aspires to have a completely zero-emission light-duty lineup in North America by 2035 and has committed $35 billion toward autonomous and electric vehicles through 2025. Cadillac and Buick will go all-electric first, aiming to fully transition their portfolios by 2030. So far, GM has four EVs on the market: the Cadillac Lyriq midsize crossover, the GMC Hummer EV pickup and the Chevrolet Bolt EV hatchback and Bolt EUV compact crossover.
The Lyriq and Hummer are Ultium-powered, while the Bolts use GM's previous-generation batteries.
Next year, GM plans to roll out the Chevy Silverado electric pickup and Equinox and Blazer electric crossovers; the GMC Hummer EV SUV; and the Cadillac Celestiq flagship sedan.
In February, GM outlined plans to invest nearly $7 billion to convert its Bolt assembly plant in Orion Township, Mich., to build electric Silverado and GMC Sierra full-size pickups and to build an Ultium battery plant with LG Energy Solution in Lansing, Mich. The Lansing plant will be GM's third Ultium battery cell facility. The automaker has said it will add a fourth Ultium plant in the U.S. but has not revealed the location.
Because of such lofty investments, GM said it will deliver 400,000 EVs through 2023 and expects to have 1 million units of EV capacity in North America through 2025, including 600,000 full-size pickups. GM also plans to have more than 1 million units of EV capacity in China by then.