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I don’t think GM is abandoning all hybrids, just PHEV with large batteries. The Volt is an odd hybrid. The 18 kWh battery required extensive changes to the Cruze platform and those changes are expensive and rob interior space.
GM can build a regular hybrid with a small battery on a regular ICE platform with minimal changes. EVs will use a dedicated EV platform with a skateboard chassis. There is no room for a big battery in an ICE platform and no room for an engine in the EV platform. GM’s plan makes a lot of sense considering they have a goal of building all of their global vehicles on only 5 platforms.
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