General Motors’ Mary Barra Sees a Big Opportunity in Electric Pickups

General Motors’ Mary Barra Sees a Big Opportunity in Electric Pickups

Mary Barra, CEO of General Motors, stated Thursday that she sees a big alternative in all-electric pickup trucks, a new segment that has gotten lots of consideration since Tesla’s splashy Cybertruck unveiling last month.

That market could be very important, and we’re excited within the not-too-distant-future to share what our entry will be,” Barra informed.

Denying to comment directly on the polarizing Cybertruck, she stated, “It’s the customer’s decision to determine, not General Motors, certainly not me as the CEO.” Nonetheless, she added, “I couldn’t be more excited about our battery-electric truck. It capitalizes on all of our knowledge of trucks. So I’m excited to get the response from that.”

GM’s electrical pickup, expected in 2021, would get batteries from an Ohio factory that will probably be constructed as a part of a new partnership between GM and LG Chem to make battery cells for electrical automobiles.

The Detroit auto large and South Korea’s largest chemical company stated Thursday they plan to invest as much as $2.3 billion by 2023 to type the equally-owned joint venture.

However, GM stated early variations of the electrical pickup would get batteries from a distinct LG plant till the Ohio facility is totally up and working.

Pickup trucks are probably the most profitable vehicle segments on the planet, with the U.S. market largely dominated by GM’s Chevrolet Silverado and GMC Sierra, Fiat Chrysler’s Ram, and Ford’s F-150. Ford additionally intends to promote an electric F-series pickup truck in late 2021, Reuters reported.

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