The hybrid cars must be used to reduce General Motors' CO2 emissions now and then.
General Motors has changed its mind about hybrid cars. First, the group, which consists of Chevrolet, Buick, GMC and Cadillac, wanted to get rid of the hybrid cars in the model programs as soon as possible.
The hybrids were to be replaced entirely by electric cars. But now the General Motors top isn't quite so sure about that decision after all.
General Motors CEO Mary Barra told investors this week.
In doing so, Barra contradicts the statement that General Motors president Mark Reuss made in 2018. At that time, it was assumed that the group would drop all future investments in hybrid technology in order to bet on electric cars.
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The same point was repeated by Reuss in an interview with the Washington Post in 2021. Mary Barra, in keeping with investors, would not go into detail about what General Motors intends to do now.
But she indicated that plug-in hybrids will be part of certain model programs in North America. This is happening, says Barra, so that General Motors can meet fuel economy regulations.
In the same investor fashion, however, Barra emphasized that it is still General Motors' plan to stop emissions from new passenger cars in 2035.
But with General Motors' financial director Paul Jacobson, they have come to a realization, he said bravely.
– We now know that the market for electric cars does not grow linearly. That is why we are prepared to alternate production between fossil and electric cars, it says.
