GM electric vehicles could be profitable early next decade, says CEO

Cadillac electric crossover SUV based on GM BEV3 modular platformIncentives, credits, and compliance schemes can only get the electric vehicle market so far. The real test of its success will be when large, established automakers can get to a point when they can call them profitable. On Wednesday, on a call with analysts to discuss the company’s fourth-quarter 2018 financial results, GM CEO Mary Barra...

Would you buy an electric car from Cadillac? Take our Twitter poll

Cadillac electric crossover SUV based on GM BEV3 modular platformGeneral Motors' announcement last week that Cadillac will become its lead brand for electric cars is a radical change in strategy. When America's largest automaker launched its first electrified car, the Chevrolet Volt, company leaders said their electric cars would have to be sold under the Chevrolet brand, reasoning that electric cars would have...

GM president dashes hopes of future Volt, says no more hybrids

2019 Buick Velite 6 ElectricFollowing news in late November that General Motors would kill off the Chevrolet Volt, one of the pioneers of modern plug-in cars, a senior GM executive has hinted—strongly—that it won't be back. On Friday, in the Q&A session after the company's investor conference, incoming company president Mark Reuss doused those hopes. In...

EV Drive coalition begins lobbying effort to save tax credit

First 2017 Chevrolet Bolt EV electric car    [photo: Patrick Reid]Members of the lame-duck Congress all got letters on their desks Tuesday stating why the electric-car tax credit should be revised and extended. Along with a five-point fact sheet made public Tuesday, the effort is the first salvo in a battle by the newly-formed EV Drive Coalition to extend the plug-in vehicle tax credit, which is expiring for two...