Hyperdrive
GM Promises Profitable Electric Cars With Tesla-Beating Range
- Ultium batteries to go as much as 400 miles between charges
- Barra makes $20 billion bet on electrification, autonomy
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General Motors Co. unveiled plans to roll out an electric vehicle for every one of its brands starting this year, vowing they’ll make money and boast top-end range better than any Tesla Inc. model currently on the market.
The first of GM’s flotilla of new EVs will be the Cadillac Lyriq luxury SUV debuting in April and a redesigned Chevrolet Bolt small car launching late this year. A bigger utility-vehicle version of the Bolt will land in showrooms in summer 2021, followed by the electric GMC Hummer pickup that LeBron James teased in a Super Bowl ad.