Just a year ago, GM changed its tune about the possibility of hybrids—and plug-in hybrids like the much-loved Chevrolet Volt—in the company’s near-term future.
Put simply, GM was finished with hybrids. There will be no follow-ups to the Volt, no long-rumored plug-in hybrid crossover, and even no more hybrids on the way.
With the electric Hummer still little more than a Super Bowl tease, and the electric Cadillac that will lead GM’s new EV push not to be revealed until April, GM’s annual presentation to investors Wednesday included some doubling down on its strategy to axe hybrids and focus only toward electric vehicles.
Read the article at Green Car Reports.