General Motors Gets Serious About Electric Cars

General Motors Gets Serious About Electric Cars

General Motors (NYSE: GM) announced on Monday that it will launch 20 new all-electric vehicles by 2023 -- with the first two due within 18 months.

It's no surprise that GM, which became the first automaker to begin mass-producing an affordable long-range electric vehicle last year, appears to have an extensive electric-vehicle product-development program well underway. 

But this is the first official confirmation that GM plans to follow up its well-regarded Chevrolet Bolt EV with more -- and more advanced -- pure-electric offerings, starting soon. 

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Source: Fool.com