GM is joining Volvo and Volkswagen as a car company that has committed to going all electric in the future:
In recent months, a number of manufacturers have announced plans to “electrify” their product lines. All Volvo models launched from 2018 and beyond, for example, will use either hybrid, plug-in or pure battery-electric drivetrains. Last month, Volkswagen AG said it will invest $20 billion to develop electrified products. Every model sold by its various brands — including VW, Audi, Bentley and Lamborghini — will be offered with at least one battery-based drivetrain option.
When the large car manufacturers start to shift, it tends to be a good sign of what’s to come.
GM’s goal is to abandon the internal combustion engine entirely. At some yet-unspecified point, all of its products will draw power either from batteries or hydrogen. Fuel cells are sometimes referred to as “refillable batteries.” They rely on devices called stacks to combine hydrogen and oxygen from the air to produce water vapor and electric current. That power is used to drive the same sort of motors used in battery-cars.
GM was a pioneer in both battery and hydrogen technology. It launched its first fuel-cell prototype four decades ago. Its EV1 was one of the first electric vehicles produced by a mainstream manufacturer, but the line was scrapped when California abandoned its initial zero-emissions vehicle mandates in the 1990s.
How will this shift away from the internal combustion engine affect adjacent industries?