GM: We plan to have 500,000 vehicles with electrification by 2017

GM announced today that it will have up to 500,000 vehicles on the road with some form of electrification by 2017. The company said that its main focus will be plug-in hybrid technology.

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“The plug-in offers a unique opportunity to change the way people commute,” Mary Barra, senior vice president of Global Product Development told media attending the GM Electrification Experience in San Francisco. “Plug-based solutions will play a significant role in our technology portfolio going forward.”

Barra said that the Chevrolet Volt has become more than a statement for GM in the EV space.

“What started out as a technology proof point… has turned into a real-world starting point to push EV technology further and faster than we thought possible five years ago,” she said. “The unique propulsion technology pioneered in the Volt – the same technology that will be featured in the Cadillac ELR – will be a core piece of our electrification strategy going forward.”

So far, GM is on track to sell more than 50,000 vehicles this year with some form of electrification.

– By: Omar Rana