GM CEO Says Shift to EVs Will Take 20 Years

Order Reprints
steering wheel

June 15, 2020—General Motors CEO Mary Barra told Bloomberg in a recent interview that it might be 20 years or more before electric powertrains displace internal combustion engines, according to GM Authority.

This prediction comes despite a lot of hype and even more investment in EV technology. GM has plans for around $20 billion to go into development through 2025, according to the report.

Barra's prediction for self-driving tech was a bit closer. More driverless vehicles could be hitting local streets within five years, she said in the interview.

Recommended Products

2013 FenderBender KPI Survey: Complete Report

2015 FenderBender KPI Survey: Complete Report

Related Articles

Volvo CEO: Pandemic to Accelerate Shift to EVs

GM Says its Self-Driving Car App Will Be Ready for Consumers Soon

VW CEO Says Diesel Scandal will Inflict Substantial Damage

You must login or register in order to post a comment.