with the Orion Plant in Michigan to become a dedicated plant for full-size EV trucks based on the Ultium platform. However, the plan has continued to fall back, and in the Q2 financial results presentation in July 2024, it was delayed until the middle of 2026.   In addition, under the plan to make Buick an EV-only brand by 2030, the first EV in North America was to be launched in 2024, but it was reported that this plan was postponed in the 2024...

Market & Tech Reports  Updated at: 2025/02/21

on, which it regained from Toyota in 2022, for the full year of 2023 and the first half of 2024. Sales of full-size pickup trucks, which are a source of revenue, and compact SUVs, Korean-made vehicles which the company continues to launch, are growing.   In China, sales of American brands (such as Buick), which were slow to introduce EVs, fell sharply, resulting in a large overall decrease in sales (-18.1%). On the other hand, the joint venture ...

Market & Tech Reports  Updated at: 2024/11/27

GM (1) EV Sales Growth Stalls, Electrification Plans Revised BEV product launches in North America and related investments Summary EV products for the US market: Expanding the lineup in high volume segments Chevrolet: Full-scale launch of EVs in major segments from 2024 Cadillac: Leading GM's EV sales, five models available by 2025 Buick: Major setbacks to EV introduction plans GMC: Expands EV lineup of full-size pickups following Hummer BrightDr...

Market & Tech Reports  Updated at: 2024/10/08

AIC-GM-Wuling Automobile Co., Ltd.) and 230,000 (up 56.0% y/y) were foreign-brand vehicles. The five top-selling NEV models sold by SAIC Group in 2023 were the Wuling Bingo (234,000 units), the MG4 EV (152,000 units), the Wuling Hongguang Mini EV (119,000 units), the VW ID.3 (83,000 units), and the BUICK Velite 6 (50,000 units), with the Wuling Bingo replacing the Hongguang Mini EV as the highest volume NEV model in the SAIC lineup in 2023.   NE...

Market & Tech Reports  Updated at: 2024/03/25

rlier, Tesla is slowly making its Supercharger network available to other OEMs. As of August 2023 - here is a list of compatible EVs by OEM. Adapters will be needed to use the Superchargers until more OEMs switch to the NACS format: Ford: e-Transit, F-150 Lightning, Mustang Mach-e. General Motors: Buick Electra, Cadillac Escalade IQ, Chevrolet Silverado EV, GMC Hummer EV. Volvo/Polestar: Volvo S60, V60, XC40, XC60, XC90; Polestar 2, Polestar 3. ...

Market & Tech Reports  Updated at: 2023/11/16

the-art pickup truck in February 2023 GM's global performance: Net income improves 7% in H1 of 2023 due to increased sales in the U.S. GlobalData (formerly LMC Automotive) Production Forecast: GM Group’s light vehicle production forecast rising gradually, to reach 5.13 million units in 2026 Buick Electra E5, the first vehicle in China to adopt the Ultium platform, was launched in April 2023 (Source: GM Newsroom)   In the first half (H...

Market & Tech Reports  Updated at: 2023/09/15

with an estimated range of 450 miles (724km). It will feature a large, curved 55-inch LED screen display, Super Cruise 2 (L2 semi-autonomous driving system), and GM Energy's V2H (Vehicle-to-Home) charging technology (details to follow). It will be assembled at GM’s Factory Zero in Michigan.   Buick The Wildcat EV Concept vehicle illustrates Buick's future global design direction (Source: Buick)   The Buick brand has no EV models a...

Market & Tech Reports  Updated at: 2023/09/06

perex Technology Limited Ternary lithium-ion battery cells (Prismatic) Rising Auto F7 (China) 2023 United Auto Battery Co., Ltd. Ternary lithium-ion battery cells (Prismatic) Rising Auto R7 (China) 2023 United Auto Battery Co., Ltd. Lithium-ion iron phosphate battery cells (Prismatic) SAIC GM Buick Electra E4 (4WD) (China) 2023 United Auto Battery Co., Ltd. Ternary lithium-ion battery cells (Prismatic) SAIC GM Buick Electra E4 (China) 202...

Market & Tech Reports  Updated at: 2023/06/23

ary Hyundai: Introduces the N Series to China and debuts two NEV concept cars for the first time in the country; Kia unveils three EV models Ford: Launching the hybrid version of the Edge L 7-seater SUV; exhibiting the Mustang Mach-E GT and the F-150 Lightning electric pickup truck GM: Exhibits the Buick Electra E5, the Chevrolet FNR-XE electric concept car, and the Cadillac Lyriq Stellantis: World premiere of Maserati's first electric SUV; Asian...

Market & Tech Reports  Updated at: 2023/05/26

s in 2021, all fell below the previous year's level. The top automaker, Shanghai Automotive Industry (Group) Corporation (SAIC Group), had a year-on-year decline of 3.2% to 5,192,000 units. Sales of SAIC Passenger Vehicle, which operates MG and Roewe, and SAIC-VW were strong, but sales of SAIC-GM's Buick and Cadillac brand vehicles were sluggish. In second place was China FAW Group (FAW Group) with sales of 3,215,000 units, down 8.4% from the pre...

Market & Tech Reports  Updated at: 2023/02/14

GM Strategic plan SAIC General Motors Corporation Limited (SAIC GM) announced on November 22, 2022, that it will invest a total of CNY 70 billion in new electrification and connected technology by 2025. A total of four Ultium platform models will be launched in 2023, and over the next five years, Buick, Chevrolet, and Cadillac will launch a cumulative total of more than 10 EV models under their three brands. In addition, the company will announ...

Market & Tech Reports  Updated at: 2023/01/26

n Ultium Center. SAIC GM will invest a total of CNY 70 billion in the new technology fields of electrification and intelligent connectivity by 2025. A total of four Ultium platform-based models will be launched in 2023. Specifically, the FNR-XE, Chevrolet's first Ultium platform EV concept car, two Buick brand models, and one Cadillac model. Over the next five years, a cumulative total of more than 10 models of EV products will be introduced unde...

Market & Tech Reports  Updated at: 2023/01/17

compared to 2019, OEMs, including the Detroit Three, placed a greater emphasis on battery electric vehicles. All of GM’s brands displayed fully electric production models or concepts, with Chevrolet showing the Blazer EV and Equinox EV. Other notable models highlighted were the Cadillac Lyriq and Buick Wildcat concept. Ford showcased its Lincoln brand with the L100 and the Star concepts, while Stellantis showed the recently unveiled Dodge Charg...

Market & Tech Reports  Updated at: 2022/10/07

Auto Shanghai 2021: NEVs of Non-Chinese OEMs (2) Ford, GM, Mazda, Stellantis Summary Ford: World premiere of the EVOS, a global strategic model, and the Zephyr Reflection, a Lincoln concept model GM: Cadillac presents the world premiere of the Lyriq SUV concept car, and Buick presents the Electra NEV concept car Mazda: World premiere of the electric vehicle Mazda CX-30 EV Stellantis: Peugeot launches the new 4008 PHEV 4WD, Maserati world premier...

Market & Tech Reports  Updated at: 2021/06/01