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GM posts 2016 delivery record in China; 3.87M vehicles, more than 1/3 of global sales

Green Car Congress

China remained GM’s largest market in terms of retail sales for the fifth consecutive year, accounting for more than one-third of the company’s global sales. For comparison, GM brands reported retail sales in the US of 2,446,582 vehicles for CY 2016. from the previous high in 2015.

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SAIC-GM Connectivity Strategy 2025 lays out roadmap to cloud-based connectivity, autonomy

Green Car Congress

SAIC-GM, GM’s Chinese joint venture with SAIC, announced its Connectivity Strategy 2025, which lays out a roadmap for its connectivity development from 2017 through 2025. In this effort, SAIC-GM is leveraging OnStar’s more than 20 years of experience. 2019: Introduce Super Cruise technology, enabling hands-free driving.

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GM expands to new European markets with its luxury $93K Lyriq

Baua Electric

Last October, GM announced that it was launching sales in Switzerland as a first step in its all-electric return to Europe after selling off the Opel and Vauxhall brands back in 2017. In Switzerland, the Lyriq starts 82,000 Swiss francs ($93,100), but GM has not yet provided pricing for France. Get started here.

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Report: California cumulative PEV sales at 10.5% of 2030 goal; true ZEVs at 5.6%

Green Car Congress

According to a new report from the California Center for Jobs and the Economy, California’s cumulative plug-in vehicle (PEV, including PHEVs and full EVs) sales are at 10.5% Accounting for normal fleet turnover rates and reductions from persons moving out of California, PEV sales would need to be 2.9 times higher. Background.

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GM planning to “own” the customer relationship beyond the vehicle; autonomous Volts, car sharing and fuel cells

Green Car Congress

General Motors CEO Mary Barra and her leadership team outlined the company’s plans to capitalize on the future of personal mobility by owning the customer relationship beyond the vehicle, building upon nearly two decades of connectivity leadership. They also outlined alternative transportation initiatives GM is exploring. Car Sharing.

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Proposed Federal EV Tax Credit Reform: Will It Move the Sales Needle?

EV Adoption

The credit is capped at the lesser of $2,500 credit or 30% of the sale price. I’m personally not a fan of the Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) – commonly referred to as the “Federal EV tax credit” – as I believe it has been an abysmal failure. Chart Source: EV Volumes.

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Volvo breaks up with Polestar and sees its stock soar

Baua Electric

Volvo bought the company in 2015, and then launched it as a separate EV-centric startup in 2017. Polestar released an announcement saying that Volvo “will remain a strategic partner in areas across R&D, manufacturing, after sales and commercial.” Germany, Europe’s largest car market, is set to see a 14% slump in EV sales this year.

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