GM Confirms U.S. Hybrid Expansion as Hybrid Sales Reach 16.3% of Market
Updated
Updated · Quartz · Oct 5
GM Confirms U.S. Hybrid Expansion as Hybrid Sales Reach 16.3% of Market
3 articles · Updated · Quartz · Oct 5
Summary
GM said it will add hybrid vehicles to its U.S. lineup, marking a broader shift after years focused mainly on all-electric models and a single hybrid Corvette offering.
Mike Anderson, GM's vice president of propulsion engineering, said the company is responding to customer demand and slowing EV momentum, but gave no launch timeline.
GM plans to mix in-house engineering with outside suppliers for hybrid systems, with the approach varying by cost and vehicle segment.
AutoForecast Solutions expects GM to begin selling plug-in hybrids between late 2027 and early 2028, potentially across models from the Equinox to the Silverado.
Cox Automotive data showed U.S. hybrid sales rose 23% in the second quarter to a record 16.3% share, versus about 5.8% for EVs, as rivals Ford, Stellantis and Nissan also push deeper into hybrids.