Sometimes, automakers reveal their vision of the future automobile by releasing concepts. General Motors has followed this path with the reveal of the Chevy FNR-XE concept.
The Chevy FNR-XE concept made its first appearance at the General Motors China Tech Day in Shanghai.
At the event, GM also restated its commitment to its EV transition globally with the announcement of at least 15 new EVs. They will be based on its Ultium electric platform and sold in the region by 2025.
GM describes the Chevrolet FNR-XE concept as its next step toward a greener future. The sedan is based on Ultium technology and uses Ultium batteries. According to GM, the low front end of the car is a homage to the American muscle car line. The slip-back design is meant to minimize wind resistance.
The Chevrolet FNR-XE specifications have not been released yet. It was developed by the Pan Asia Technical Automotive Center in Shanghai.
GM wants to make an EV for everyone, including buyers in China. It is already selling the Cadillac Lyriq, also based on Ultium, in the Asian country. It plans to officially reveal Buick’s first Ultium-powered EV before the end of the year, with deliveries to begin next year.
Anticipating high demand, GM plans two Ultium factories in China through its SAIC-GM joint venture. They will be located in Shanghai and Wuhan.
Another JV of GM and LG Energy Solution, Ultium Cells, was promised a $2.5 billion loan by the US Department of Energy.
Read details of the Ultium-based $30,000 Chevrolet Equinox compact here.