{"id":20943,"date":"2020-06-05T22:10:00","date_gmt":"2020-06-05T22:10:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2584908"},"modified":"2020-06-05T22:10:00","modified_gmt":"2020-06-05T22:10:00","slug":"heres-what-is-driving-gms-reported-plans-to-develop-a-commercial-electric-van-4","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/06\/05\/heres-what-is-driving-gms-reported-plans-to-develop-a-commercial-electric-van-4\/","title":{"rendered":"Here\u2019s what is driving GM\u2019s reported plans to develop a commercial electric van"},"content":{"rendered":"<p id=\"speakable-summary\">GM&rsquo;s electric offensive to bring at least 20 new EVs to market by 2023 reportedly includes a commercial van.<\/p>\n<p><a href=\"https:\/\/www.reuters.com\/article\/us-autos-electric-vans-exclusive\/exclusive-gm-plans-electric-van-for-business-users-in-bid-to-pre-empt-tesla-idUSKBN23B1G1\">Reuters reported<\/a>&nbsp;Thursday that the company is developing an electric van for the commercial market. Code-named BV1, the vehicle is expected to start production in late 2021 and will use the Ultium battery system that was revealed in March, according to the report.<\/p>\n<p>When, and if, GM delivers on that goal in 2021, it will join an increasingly crowded pool.&nbsp;<a class=\"crunchbase-link\" href=\"https:\/\/crunchbase.com\/organization\/amazon\" target=\"_blank\" rel=\"noopener noreferrer\" data-type=\"organization\" data-entity=\"amazon\">Amazon&nbsp;<\/a>&nbsp;ordered&nbsp;<a href=\"https:\/\/techcrunch.com\/2020\/05\/28\/rivians-amazon-electric-delivery-van-still-on-track-as-factory-reopens\/\">100,000 electric delivery vans<\/a>&nbsp;from Rivian, the first of which are expected to be on the road in 2021. Ford has announced an electric Transit van that&rsquo;s expected to launch in 2021. Startups such as Arrival, Chanje, Enirde and XoS have received orders for electric vans from package delivery companies such as Ryder and UPS.<\/p>\n<p><a class=\"crunchbase-link\" href=\"https:\/\/crunchbase.com\/organization\/tesla-motors\" target=\"_blank\" rel=\"noopener noreferrer\" data-type=\"organization\" data-entity=\"tesla-motors\">Tesla&nbsp;<\/a>&nbsp;is one outlier that hasn&rsquo;t revealed plans to produce commercial electric vans. GM&rsquo;s move has been cast as a strategy to get ahead of Tesla in the commercial marketplace.<\/p>\n<p>But there are likely other reasons driving GM&rsquo;s decision, including high margins that can be achieved selling commercial trucks and vans, as well as governments enacting increasingly strict emissions laws, particularly in urban centers.<\/p>\n<p>Electric vans are a logical fit for delivery companies, which tend to have predictable routes, a specific geographic area and operate at high utilization, all of which fits with the EV infrastructure and charging ecosystems that enables their full economic use, a research note released Thursday from&nbsp;<a class=\"crunchbase-link\" href=\"https:\/\/crunchbase.com\/organization\/morgan-stanley\" target=\"_blank\" rel=\"noopener noreferrer\" data-type=\"organization\" data-entity=\"morgan-stanley\">Morgan Stanley&nbsp;<\/a>&nbsp;argues.<\/p>\n<p>Morgan Stanley notes it hasn&rsquo;t been &ldquo;smooth sailing&rdquo; for all EV vans. For instance,&nbsp;<a class=\"crunchbase-link\" href=\"https:\/\/crunchbase.com\/organization\/dhl\" target=\"_blank\" rel=\"noopener noreferrer\" data-type=\"organization\" data-entity=\"dhl\">DHL&rsquo;s&nbsp;<\/a>&nbsp;StreetScooter program was recently shut down.<\/p>\n<p>Prior to Reuters&rsquo; report, it appeared GM&rsquo;s EV strategy was pinned to passenger vehicles. In March, GM revealed an electric architecture that will be the foundation of its future EV plans and support a wide range of products across its brands, including compact cars, work trucks, large premium SUVs, performance vehicles and a new Bolt EUV crossover expected to come to market next summer.<\/p>\n<p>GM said the modular architecture, called &ldquo;Ultium,&rdquo; will be capable of 19 different battery and drive unit configurations, 400-volt and 800-volt packs with storage ranging from 50 kWh to 200 kWh and front-, rear- and all-wheel drive configurations.<\/p>\n<p>GM&rsquo;s focus on making this EV architecture modular underlines the automaker&rsquo;s desire to electrify a wide variety of its business lines, from the Cruise Origin autonomous taxi and compact&nbsp;<a class=\"crunchbase-link\" href=\"https:\/\/crunchbase.com\/organization\/chevrolet\" target=\"_blank\" rel=\"noopener noreferrer\" data-type=\"organization\" data-entity=\"chevrolet\">Chevrolet&nbsp;<\/a>Bolt EUV to the GMC HUMMER electric truck and SUV and the newly-announced Cadillac Lyriq SUV. GM also showed a variety of electric vehicles that had not yet been announced, to show how this modularity will be exploited further out in their product plan, including a massive Cadillac flagship sedan called Celestiq.<\/p>\n<p class=\"tags\">\n<div><strong>See Campaign: <\/strong><a href=\"https:\/\/www.reuters.com\/article\/us-autos-electric-vans-exclusive\/exclusive-gm-plans-electric-van-for-business-users-in-bid-to-pre-empt-tesla-idUSKBN23B1G1\" target=\"_blank\">https:\/\/www.reuters.com\/article\/us-autos-electric-vans-exclusive\/exclusive-gm-plans-electric-van-for-business-users-in-bid-to-pre-empt-tesla-idUSKBN23B1G1<\/a><br \/><b>Contact Information:<\/b><br \/>Kirsten Korosec<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire\/\" rel=\"category tag\">Wire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/global-regions\/united-states\/\" rel=\"category tag\">United States<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Kirsten Korosec<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>GM&rsquo;s electric offensive to bring at least 20 new EVs to market by 2023 reportedly includes a commercial van. Reuters reported&nbsp;Thursday that the company is developing an electric van for the commercial market. Code-named BV1, the vehicle is expected to start production in late 2021 and will use the Ultium battery system that was revealed &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/06\/05\/heres-what-is-driving-gms-reported-plans-to-develop-a-commercial-electric-van\/\">Continue reading <span>Here&rsquo;s what is driving GM&rsquo;s reported plans to develop a commercial electric van<\/span><\/a> <a href=\"https:\/\/ipsnews.net\/business\/2020\/06\/05\/heres-what-is-driving-gms-reported-plans-to-develop-a-commercial-electric-van-4\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":106,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,22,54],"tags":[],"class_list":["post-20943","post","type-post","status-publish","format-standard","hentry","category-english","category-united-states","category-wire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Here\u2019s what is driving GM\u2019s reported plans to develop a commercial electric van - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2020\/06\/05\/heres-what-is-driving-gms-reported-plans-to-develop-a-commercial-electric-van-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Here\u2019s what is driving GM\u2019s reported plans to develop a commercial electric van - Business\" \/>\n<meta property=\"og:description\" content=\"GM&rsquo;s electric offensive to bring at least 20 new EVs to market by 2023 reportedly includes a commercial van. Reuters reported&nbsp;Thursday that the company is developing an electric van for the commercial market. Code-named BV1, the vehicle is expected to start production in late 2021 and will use the Ultium battery system that was revealed &hellip; Continue reading Here&rsquo;s what is driving GM&rsquo;s reported plans to develop a commercial electric van Continue Reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"http:\/\/ipsnews.net\/business\/2020\/06\/05\/heres-what-is-driving-gms-reported-plans-to-develop-a-commercial-electric-van-4\/\" \/>\n<meta property=\"og:site_name\" content=\"Business\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-05T22:10:00+00:00\" \/>\n<meta name=\"author\" content=\"Waqas Awan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Waqas Awan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"http:\/\/ipsnews.net\/business\/2020\/06\/05\/heres-what-is-driving-gms-reported-plans-to-develop-a-commercial-electric-van-4\/\",\"url\":\"http:\/\/ipsnews.net\/business\/2020\/06\/05\/heres-what-is-driving-gms-reported-plans-to-develop-a-commercial-electric-van-4\/\",\"name\":\"Here\u2019s what is driving GM\u2019s reported plans to develop a commercial electric van - Business\",\"isPartOf\":{\"@id\":\"https:\/\/ipsnews.net\/business\/#website\"},\"datePublished\":\"2020-06-05T22:10:00+00:00\",\"author\":{\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/46e7a3c31ebaa3d111acaa0daf39976f\"},\"breadcrumb\":{\"@id\":\"http:\/\/ipsnews.net\/business\/2020\/06\/05\/heres-what-is-driving-gms-reported-plans-to-develop-a-commercial-electric-van-4\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\/\/ipsnews.net\/business\/2020\/06\/05\/heres-what-is-driving-gms-reported-plans-to-develop-a-commercial-electric-van-4\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"http:\/\/ipsnews.net\/business\/2020\/06\/05\/heres-what-is-driving-gms-reported-plans-to-develop-a-commercial-electric-van-4\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ipsnews.net\/business\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Here\u2019s what is driving GM\u2019s reported plans to develop a commercial electric van\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ipsnews.net\/business\/#website\",\"url\":\"https:\/\/ipsnews.net\/business\/\",\"name\":\"Business\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ipsnews.net\/business\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/46e7a3c31ebaa3d111acaa0daf39976f\",\"name\":\"Waqas Awan\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3453ff882f8bf8f7e605d09dc0750c5759cb895a2d09c18a38d07b424e7f6a29?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3453ff882f8bf8f7e605d09dc0750c5759cb895a2d09c18a38d07b424e7f6a29?s=96&d=mm&r=g\",\"caption\":\"Waqas Awan\"},\"sameAs\":[\"https:\/\/icrowdnewswire.com\/fc\"],\"url\":\"https:\/\/ipsnews.net\/business\/author\/waqas-awan\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Here\u2019s what is driving GM\u2019s reported plans to develop a commercial electric van - Business","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"http:\/\/ipsnews.net\/business\/2020\/06\/05\/heres-what-is-driving-gms-reported-plans-to-develop-a-commercial-electric-van-4\/","og_locale":"en_US","og_type":"article","og_title":"Here\u2019s what is driving GM\u2019s reported plans to develop a commercial electric van - Business","og_description":"GM&rsquo;s electric offensive to bring at least 20 new EVs to market by 2023 reportedly includes a commercial van. Reuters reported&nbsp;Thursday that the company is developing an electric van for the commercial market. Code-named BV1, the vehicle is expected to start production in late 2021 and will use the Ultium battery system that was revealed &hellip; Continue reading Here&rsquo;s what is driving GM&rsquo;s reported plans to develop a commercial electric van Continue Reading &rarr;","og_url":"http:\/\/ipsnews.net\/business\/2020\/06\/05\/heres-what-is-driving-gms-reported-plans-to-develop-a-commercial-electric-van-4\/","og_site_name":"Business","article_published_time":"2020-06-05T22:10:00+00:00","author":"Waqas Awan","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Waqas Awan","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"http:\/\/ipsnews.net\/business\/2020\/06\/05\/heres-what-is-driving-gms-reported-plans-to-develop-a-commercial-electric-van-4\/","url":"http:\/\/ipsnews.net\/business\/2020\/06\/05\/heres-what-is-driving-gms-reported-plans-to-develop-a-commercial-electric-van-4\/","name":"Here\u2019s what is driving GM\u2019s reported plans to develop a commercial electric van - Business","isPartOf":{"@id":"https:\/\/ipsnews.net\/business\/#website"},"datePublished":"2020-06-05T22:10:00+00:00","author":{"@id":"https:\/\/ipsnews.net\/business\/#\/schema\/person\/46e7a3c31ebaa3d111acaa0daf39976f"},"breadcrumb":{"@id":"http:\/\/ipsnews.net\/business\/2020\/06\/05\/heres-what-is-driving-gms-reported-plans-to-develop-a-commercial-electric-van-4\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["http:\/\/ipsnews.net\/business\/2020\/06\/05\/heres-what-is-driving-gms-reported-plans-to-develop-a-commercial-electric-van-4\/"]}]},{"@type":"BreadcrumbList","@id":"http:\/\/ipsnews.net\/business\/2020\/06\/05\/heres-what-is-driving-gms-reported-plans-to-develop-a-commercial-electric-van-4\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ipsnews.net\/business\/"},{"@type":"ListItem","position":2,"name":"Here\u2019s what is driving GM\u2019s reported plans to develop a commercial electric van"}]},{"@type":"WebSite","@id":"https:\/\/ipsnews.net\/business\/#website","url":"https:\/\/ipsnews.net\/business\/","name":"Business","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ipsnews.net\/business\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/ipsnews.net\/business\/#\/schema\/person\/46e7a3c31ebaa3d111acaa0daf39976f","name":"Waqas Awan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ipsnews.net\/business\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3453ff882f8bf8f7e605d09dc0750c5759cb895a2d09c18a38d07b424e7f6a29?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3453ff882f8bf8f7e605d09dc0750c5759cb895a2d09c18a38d07b424e7f6a29?s=96&d=mm&r=g","caption":"Waqas Awan"},"sameAs":["https:\/\/icrowdnewswire.com\/fc"],"url":"https:\/\/ipsnews.net\/business\/author\/waqas-awan\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/posts\/20943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/users\/106"}],"replies":[{"embeddable":true,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/comments?post=20943"}],"version-history":[{"count":1,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/posts\/20943\/revisions"}],"predecessor-version":[{"id":20944,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/posts\/20943\/revisions\/20944"}],"wp:attachment":[{"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/media?parent=20943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/categories?post=20943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/tags?post=20943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}