2024 Chevrolet Corvette E-Ray hybrid sports car
GM
DETROIT — General Motors plans to introduce hybrid models into its U.S. lineup as sales of the vehicles continue to grow amid inflated gas prices and a pullback in all-electric cars.
Mike Anderson, GM’s vice president of propulsion engineering, reconfirmed the automaker’s hybrid plans, but declined to discuss timing for such vehicles, which had previously been expected as soon as next year.
“It’s fair to say that [hybrids are] part of the plan,” Anderson, a 35-year GM veteran, told CNBC during an interview. “We’re not tone deaf to our customers. We know what they want and we want to give that to them as quickly as we can.”
GM has largely been absent from the hybrid market this decade, instead using its resources to go “all-in” on all-electric vehicles. But amid lackluster EV demand, industry deregulation and increased hybrid popularity, Anderson said the company needs to meet customer…
