financetom
Business
financetom
/
Business
/
GM to move BrightDrop electric commercial vans to its Chevrolet brand
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
GM to move BrightDrop electric commercial vans to its Chevrolet brand
Aug 31, 2024 6:53 AM

Aug 29 (Reuters) - General Motors ( GM ) said on

Thursday it would transition BrightDrop commercial vans under

Chevrolet, allowing the all-electric vehicle to utilize the

brand's extensive dealership and service network across North

America.

The move aims to expand BrightDrop's accessibility, enhance

its service network, and boost sales.

Launched in 2021, GM reorganized BrightDrop last year and

brought it completely under its own umbrella in a move to make

it less independent and reduce costs.

GM originally established BrightDrop as its fully-owned

subsidiary in hopes of turning it into a lucrative venture and

strengthening its offering to compete with Ford Motor's ( F )

high-margin Pro commercial vehicle business.

Ford has managed to turn Pro into a successful business and

has also placed big bets on software-related services.

Meanwhile, BrightDrop delivered only 746 vehicles in the U.S.

through the first six months of 2024.

BrightDrop currently offers two all-electric commercial

vans, the Zevo 400 and 600, which will now be rebadged as the

Chevrolet BrightDrop 400 and 600.

"Integration into the Chevrolet portfolio will expand its

reach and accessibility and offer more customers additional

tools to help achieve their productivity and carbon-neutral

goals," Sandor Piszar, VP of GM Envolve fleet business said.

The vehicles will continue to be manufactured at GM's CAMI

assembly plant in Ingersoll, Ontario.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved