“GM is currently assessing potential future investment,” GM spokesperson George Svigos said in a statement, adding: “No final decision has been made. GM is committed to an all-EV future globally. On that pathway, we continue to study consumer preferences and powertrain options, to ensure we best respond to customer demand and comply with an uncertain, complex and increasingly stringent regulatory landscape for 2027 and beyond.”
GM has basically gone out of their way to not sell hybrids, even the ones they were already producing, over the years. GM’s entire new car sales model pre-pandemic shortages relied on sales incentives to move vehicles, and they never had incentives on hybrids, on top of the already much higher price they commanded.
It doesn’t matter what powertrain GM decides to use, they need to make their pricing reasonable and worth buying over gas engines.
When they slashed the price of the Bolt it was starting to be a reasonable buy given its compact car status. Really it should be priced around $10,000 brand new. They have lost it with these compact car prices.