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General Motors (GM) plans on going beyond manufacturing a fleet of electric cars, according to an announcement Wednesday regarding electrification component sets, which are capable of converting most old gasoline-powered automobiles into new age electric vehicles (EV).
General Motors has decided that just selling vehicles under numerous brands is short-sighted. Thanks to their work to gain the foothold that they do in the EV space, they see themselves as the next leader in EV component sets. And they're planning to help brands all around the world convert their commercial equipment, marine applications, and more to electric power.
As I first reported back in June, General Motors will start selling its battery and fuel cell technology to raise its overall revenue. Much of the money will be used to fund future EV projects like the Silverado E. The plan includes great news for all classic car lovers and owners.
General Motors is going all-in with fully electric vehicles. We've known this for months, ever since it ann...
GM's electrification strategy has four main pillars: Chevy Performance and Aftermarket, GM Powered Solutions, Ground Support Equipment, and Marine Propulsion.