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Search resuls for: "" Reuss"


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☆ 5 things automakers and car shoppers are getting wrong about electric vehicles, according to GM's president
  + stars: | 2022-12-02 | by ( Nora Naughton | Alexa St. John | ) www.businessinsider.com   time to read: +5 min
GM is looking to position itself as a leader in electric vehicles, putting billions of dollars toward electrifying its fleet and promising a future without fossil-fuel emissions. Companies need hybrids to bridge the gap to full EVsSome automakers have been making the transition to electric lineups with a pit stop: hybrids. Toyota, for example, has invested in hybrids in addition to electric products and has faced skepticism from the industry as a result. "We're not going to dilute our investment with hybrids," Reuss said, adding that the automaker expects its EV business to be profitable by 2025. The charging experience and the driving experience are one and the sameReuss said it can be frustrating to see drivers rate vehicles based on the charging experience alone.
☆ GM to launch electrified version of Corvette sports car by next year
  + stars: | 2022-04-25 | by ( ) www.reuters.com   time to read: 1 min
April 25 (Reuters) - General Motors Co (GM.N) President Mark Reuss said on Monday the automaker would launch an electrified version of its two-door Corvette sports car as soon as next year. The company will launch an electrified version of the Corvette, which will be followed by an all-electric version using GM's Ultium battery technology, Reuss said on LinkedIn. His comments about launching an electric Corvette were aired earlier on an interview with CNBC. GM's Corvette that has traditionally been fitted with petrol engines, races to keep up with other competitors in the space, such as Ferrari NV (RACE.MI), which offer gasoline-electric hybrid and turbocharged engines. Reporting by Nathan Gomes in Bengaluru; Editing by Amy Caren DanielOur Standards: The Thomson Reuters Trust Principles.
☆ The Chevrolet Corvette is officially going electric
  + stars: | 2022-04-25 | by ( Peter Valdes-Dapena | ) edition.cnn.com   time to read: +3 min
CNN —General Motors will produce a fully electric Chevrolet Corvette, GM President Mark Reuss announced in a LinkedIn post Monday morning. Reuss didn’t say when the electric Corvette would come, but he hinted that a hybrid model could come relatively soon. An accompanying video the company posted to Twitter showed what appeared to be a hybrid Corvette, and in another first, showed the front wheels spinning and throwing snow as if being powered. A 670 horsepower Corvette Z06 with a 5.5-liter V8 was unveiled last fall. Reuss has previously implied a hybrid Corvette was possible.
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