GM Expected To Announce An All New All-Electric Vehicle

[William Maley]

GM Expected To Announce An All New All-Electric Vehicle

William Maley - Editor/Reporter - CheersandGears.com

October 11, 2011

Tomorrow, General Motors will be making announcements to reporters about future plans. One of those announcements has been leaked out by The Detroit News, saying GM will be announcing an all-electric vehicle for the US. The car will be a small, battery-powered vehicle designed for urban markets, a source tells the news. Green Car Reports says that vehicle is the Chevrolet Beat Electric. The car was originally shown in India earlier this year.

When asked, GM spokesman Mike Albano declined to comment.

"We have some news announcements (Wednesday) and I'm not going to say what they are," Albano said.

GM CEO Dan Akerson said at North American International Auto Show that the company was was developing an all-electric vehicle for the U.S. market to complement the Chevrolet Volt that went on sale in December.

Source: The Detroit News, Green Car Reports

[balthazar]

If only that were a fish-eye lense shot of the Beat.....

[Chris_Doane]

Green Car Reports says that vehicle is the Chevrolet Beat Electric.

They're right.

[67impss]

If only that were a fish-eye lense shot of the Beat.....

Thanx to the Euro pedestrian crash standards

[Robert Hall]

Cool..an electric Spark.

[pow]

Ehh, an all electric Volt would be better, or at least for the US.

Keep the price at $40K, but remove the gasoline engine and transmission and double the battery size to 32 kWh. That would give you an honest 100 mile EPA range for a car that slots somewhere between the Leaf and base Model S in both price and range.

[regfootball]

Cool..an electric Spark.

! love it

[Cremazie]

I don't trust Electric cars... if they operate like radios, cell phones and cordless tools it would have an unreliable range..

[Camino LS6]

If only that were a fish-eye lense shot of the Beat.....

Agreed.

Hideous.

[ocnblu]

Despicable.

[Robert Hall]

Despicable.

Your standard negative response. You do comprehend that the electric car market (globally and in the US) is growing...Nissan has the Leaf, Ford is bringing the Focus Electric, why shouldn't GM get in on this market?

[ocnblu]

Please show me the huge numbers. The lines at dealerships of customers clamoring to put their names on waiting lists.

[balthazar]

C'mon ocn- the electric/hybrid market is projected to go from 3% to 4% sometime in our lifetimes; stop downplaying the tidal shift.

[Robert Hall]

C'mon ocn- the electric/hybrid market is projected to go from 3% to 4% sometime in our lifetimes; stop downplaying the tidal shift.

Probably more like 10-15% of the market in 10 years, I suspect..

[SAmadei]

C'mon ocn- the electric/hybrid market is projected to go from 3% to 4% sometime in our lifetimes; stop downplaying the tidal shift.

Probably more like 10-15% of the market in 10 years, I suspect..

I doubt we'll see 10% in 10 years... maybe 7%. But anything with less than a 10% take rate GM axes... RWD, coupes, wagons, manuals. So GM will likely kill it if it don't make it to 20%.

[balthazar]

prius came out 13 years ago, a bunch have joined the fray, and we're still only at 3%.

IMO, projecting a tripling or quintupling of that market share in 10 years is very unrealistic.

I'm with SAmadei- we might see a doubling in 10 years at best...