During a recent event when General Motors celebrated the 20th anniversary of the launch of its initial two joint ventures in China with SAIC, the auto company stated its goal to target sales of 150,000 new energy vehicles by 2020 and 500,000 units by 2025 under the Buick, Cadillac and Chevrolet brands.
As reported, GM and its joint ventures in China are investing heavily in highly efficient powertrains and new energy technologies and are deploying a full range of electrification solutions to accommodate changing market needs.
Further, GM says it has sharpened its focus on connected and intelligent vehicle development in China. By 2020, all Cadillac, Buick and Chevrolet products sold in the domestic market will be connected.
“The automotive industry is undergoing profound change,” says GM Executive Vice President and GM China President Matt Tsien. “One thing that we believe will not change is the need for strong partnerships. We also believe that China will play a key role in developing future personal mobility and that SAIC-GM and [the Pan Asia Technical Automotive Center] will continue to record new achievements in many new areas.”
Photo courtesy of GM – General Motors celebrated the 20th anniversary of the launch of its initial two joint ventures in China with SAIC, SAIC-GM and the Pan Asia Technical Automotive Center.