Hyperdrive
GM Electrifies China Lineup to Challenge Tesla’s Early Lead
- Carmaker further details $20 billion bet on EVs, self-driving
- Competition intensifying as world’s biggest market recovers
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General Motors Co. made a case that it has a strategy to reverse its decline in China and chase after Tesla Inc.’s lead in selling electric vehicles in the world’s largest market.
The Detroit-based carmaker outlined its plan to roll out new EVs, gas-burning sport-utility vehicles and intelligent driving and connectivity in China on Wednesday, in virtual presentations from executives including Chief Executive Officer Mary Barra and President of GM China Julian Blissett.