GM, Volkswagen to Scrap Hybrid Vehicles
General Motors and Volkswagen are cutting hybrid vehicles from their lineups in the United States, but are continuing to lean into the investment of battery-electric vehicles, according to the Wall Street Journal.
Reflecting intentions of this, earlier this year, Volkswagen announced that it was developing 70 battery-electric models by 2025, while GM in 2017 said it would launch 20 EVs by 2023. Also, in May 2019, GM said it would introduce a battery-electric pickup in the future.
Last year, General Motors said that it would eliminate the plug-in hybrid Chevrolet Volt from its lineup as part of a company restructuring, which was included among several other sedans.
General Motors Co. and Volkswagen are concentrating their investment on fully electric cars to meet tougher tailpipe-emissions requirements, particularly in Europe in China, the latter of which has new regulations that require car companies to sell a minimum number of zero-emissions vehicles to avoid financial penalties, according to the Wall Street Journal.
Meanwhile, automakers like Toyota continue their focus on developing plug-in hybrids. Toyota made several upgrades to its Prius Prime for the 2020 model year.
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