For GM and Volkswagen, the hybrid car is, or will soon be, a thing of the past. The two automakers stated this week they simply don’t believe in a long-term future for hybrid systems, and they are focusing mainly on all-electric vehicles to tackle the quickly changing global markets.
In an interview with the Wall Street Journal, executives from both companies affirmed that full-on EVs are a better long-term strategy, in part because it will allow them to attain fuel-efficiency norms for the whole of their vehicle lineups more easily.
"Our strong preference is to go all-in where the market is heading, as opposed to hybrids as a way to hedge our bets."
- VW of America CEO Scott Keogh