In addition to the newelectric cars, GM is also working on new fuel cell technology, which is part of its partnership with Honda.
Mark Reuss, the company's chief of global product development, said Monday that GM would introduce two newall-electric vehicles derived from its current battery-powered Chevrolet Bolt sedan. "Although that future won't happen overnight, GM is committed to driving increased usage and acceptance of electric vehicles". And it promised an increase in the number of electric fast-charging stations in the US, which now total 1,100 from companies and governments, taking a shot at electric competitor Tesla Inc.by saying the system would not be "walled off" from electric vehicles made by other manufacturers.
General Motors believes in an all-electric future. Nissan recently announced a redesigned version of that auto, with longer range and a price that remains lower than even Tesla'snew, more accessible, Model 3. GM has said in the past that it thinks fuel cells make sense in applications where battery packs would be too big and heavy, or when recharging times are critical - heavy trucks, for example, or vehicles used by first responders, which can't afford to be out of service for hours to recharge.
GM earned more than 90 percent of its $12.5 billion in pretax profits previous year in North America, amid robust demand for its lineup of large sport utility vehicles and pickup trucks. GM said that it will launch at least 20 all-electric vehicles by 2023, with the first two coming soon.
GM shares were up 4%, to $42, though most of those gains came ahead of the news. Musk has said Tesla plans to produce 500,000 electric cars annually by the end of 2018, and 1 million by 2020, though so far it operates just one factory, the former GM-Toyota joint venture that never built more than 430,000 per year.
The Bolt, the automaker's first long-range electric model, will be joined by two other BEVs within the next 18 months, GM also confirmed Monday.
"We're serious about battery electric vehicles", she said. The cars, priced at almost $15,500, are the first attempt by the Indian government to replace its half-a-million fleet of diesel and petrol cars - used by hhigh-rankinggovernment employees - with electric vehicles. GM envisions SURUS as a delivery vehicle, truck or ambulance. The Motley Fool has no position in any of the stocks mentioned.
The government on its side will give a boost to the Canada Media Fund and spend Dollars 125 million on a creative export strategy. Canadian broadcasters also must fulfil a quota of Canadian content on air, which streaming services are not required to match.
Their version of the plane uses GP7200 engines, a giant turbofan built by General Electric and Pratt and Whitney of the US. Those power plants were made by Rolls-Royce, whose Trent 900 model is the other engine of choice on the A380.
Kane's double, Ben Davies' strike and a late goal from Moussa Sissoko secured the points for the north Londoners . Huddersfield will hope that striker Steve Mounie recovers from his heel injury ahead of this encounter.
Bolton said after his unexpected victory that securing Britain's rapid exit from the European Union is the party's "core task". Mr Etheridge was one of a number of UKIP MEPs who had threatened to quit the party if bookies favourite Ms Waters had won.
Leigh Griffiths followed up his Old Firm Derby sealer at the weekend with another strike to give the Hoops a 38th-minute lead. "To get our first Champions League win away and to keep a clean sheet, the first in so many years, is really pleasing".
As a result, about a dozen shopping sites from companies besides Google could become more visible and accessible. The EU targeted Google Shopping in a seven-year antitrust investigation that culminated in the fine this June.
In celebration of National Coffee Day , you may want to know which establishments to go to for a free cup of coffee . McDonalds : Get a $2 small McCafe on Friday, or a free medium McCafé with any purchase in the app .
Europe's biggest automaker admitted in September 2015 that it had used illegal software to cheat US diesel emissions tests. The company is scheduled to present third-quarter financial results late next month.
'Let's Make A Deal' Host Monty Hall Dies At 96
Hall was named to the order of Canada in 1988, and in 2013 he won a lifetime achievement award at the Daytime Emmys. Born on August 25, 1921, in Winnipeg, Manitoba, young Monte Halperin was a theater kid through-and-through.
Relentless Storm Beat Cowboys 34-6 In NRL Grand Final
But Melbourne are not the best defensive side in the NRL for nothing, and they were content to give away penalty after penalty. But Morgan and star lock Jason Taumalolo could not provide the sort of inspiration they had in weeks previous.
'US May Have to Shoot Down N. Korea ICBM Over Russia'
Russian Federation and China have long called for the resumption of dialogue to resolve North Korea's nuclear standoff. The new UNSC resolution was supported by Moscow and also by Beijing, the North's largest communist ally.
South Korea joins cryptocurrency crackdown
This month, authorities also indicted four people on charges of illegally trading cannabis using bitcoin, the commission said. Among others, authorities in both the United Kingdom and USA have issued warnings against the new fundraising technology.
120K flee imminent Bali volcano eruption
Indonesia is home to more than 400 volcanoes, of which at least 127 are active and 65 are classified as unsafe . More than 130,000 people have fled the area around Mount Agung, fearing a major eruption.