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GM BrightDrop EV delivery vans full production in 2023, $1B revenue

640 Views 8 Replies 3 Participants Last post by  Steverino
GM on Thursday singled out BrightDrop, which will launch full production of its electric delivery vans next year. The automaker said the business is on track to reach $1 billion in revenue in 2023. The company expects to be capable of producing 50,000 vans annually by 2025.

These delivery vans are based on the Ultium platform, just like GMC Hummer EV, Chevy Silverado EV, Cadillac Lyriq EV, Buick Electra EV, Chevy Blazer EV and Equinox EV, etc.

While Ford got it's F-150 Lightning EV to market faster, it's a one-off like the Mach-E based on stuffing batteries in an ICE platform. It does nothing to lay the groundwork for a broad array of EV's. A 2011 Volt built on a Cruize without the engine so to speak.

By focusing on building the Ultium platform instead of rushing a one-off Silverado to market, GM was able to get the Hummer out there for mach bragging rights, and making the Silverado EV a relative snap. Plus the platform enables a wide range of other vehicles launching in 2023 and 2024.
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That should give GM time to fix the ultium module manufacturing flaw that's allowing moisture to enter some battery modules. GM has three confirmed reports of this and has put a stop sale/hold on Hummer EVs and BrightDrop vans while they fix this issue.
 

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I don't think GM's in-house Ultium battery manufacturing plant is running yet. For some reason I remember it's slated to start production early in 2023.
 
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