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GM, Ford to expand electric models

GM announced plans for 20 new all-electric models by 2023, including two within the next 18 months

Bill Vlasic & Neal E Boudette | NYT  |  Detroit 

China has said it will eventually ban gasoline-powered cars. California may be moving in the same direction. That pressure has set off a scramble by the world’s car companies to embrace electric vehicles. On Monday, General Motors, America’s largest automaker, staked its claim to leadership. Outlining a fundamental shift in its vision of the industry, it announced plans for 20 new all-electric models by 2023, including two within the next 18 months. GM’s announcement came a day before a long-scheduled investor presentation by Ford Motor that was also expected ...

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First Published: Wed, October 04 2017. 03:01 IST
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