By IESA Admin on Thursday, 23 December 2021
Category: Buzz

General Motors to offer EV tech beyond its own portfolio and automotive applications

Guided by its vision of a world with zero crashes, zero emissions, and zero congestion, General Motors has announced its strategy to offer EV technology beyond its portfolio and automotive applications more broadly, one component at a time.

This approach will enable GM to expand its reach to a larger, more diverse group of commercial customers, helping organizations meet the growing demand for zero-emissions technology while achieving their sustainability targets.

"GM has an established strategy, a network of integrators, and co-development agreements to apply an extensive array of components and solutions to a broad range of customers and use cases," says Travis Hester, GM vice president of Electric Vehicle Growth Operations.

"As companies across many industries look to reduce their environmental impact, GM is uniquely positioned to serve as a leader not only through exciting new EVs across our brands, but through additional technology applications, and we look forward to bringing customers – existing and new – along with us on our zero-emissions journey."

The company estimates that the total addressable market1 for electrification components could be near $20 billion by 2030, as a growing number of industries introduce their own emissions reduction goals.

Examples of initial EV component sets that GM will begin introducing include:

Electrification components are part of GM's effort to extend the performance and benefits of zero-emissions technology to new industries and serve as a natural extension of GM's growth strategy.

Additional extensions include:

Leveraging over 100 years of engineering and manufacturing expertise, GM intends to apply the learnings from one component set to the development of others, resulting in a larger portfolio of product offerings across a far-reaching set of applications.

In the future, the company will look to implement the latest in EV technology, regardless of battery generation or chemistry, to electrify a wide range of applications across industries.

"Our customers will benefit from GM's vast network of resources, support, and experience as an innovator in the electrification space," Hester said.

"As we advance our Ultium Platform and other zero-emissions technologies, we anticipate smaller, more affordable, and more flexible components and offerings over time." 

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