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GM plans to launch hybrid vehicles in the US as hybrid sales rise and EV demand slows.

Market News
05 Oct 2026
CNBC
View Source
Bullish
GM plans to launch hybrid vehicles in the US as hybrid sales rise and EV demand slows.

General Motors (GM) is set to introduce hybrid models into its U.S. lineup in response to growing hybrid vehicle sales and reduced interest in all-electric vehicles amid high gas prices. GM, which has focused mainly on all-electric vehicles this decade, acknowledges the market demand for hybrids and plans to meet customer needs with a mix of internal and external technologies. The company aims for an all-electric future but sees hybrids as a necessary step during the transition. GM is expected to offer plug-in hybrids by late 2027 or early 2028, covering models from compact SUVs to trucks, as hybrid sales in the U.S. have surged by 23% in recent months, outpacing electric vehicle sales.

General Motors (GM) shares are trading at USD 78.25 as of Oct 05, 2026 19:42 WIB on Pluang, showing a slight 0.03% decline in the last day. The company holds a market capitalization of $70.70 billion, reflecting its significant presence in the consumer cyclical sector. GM's stock has fluctuated between $55.35 and $90.30 over the past 52 weeks, indicating notable volatility during this period.

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