GM May Replace the Chevy Camaro With an Electric Sports Vehicle

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Electric vehicles (EVs) are on the rise. Whether it’s entirely new lineups or electrified versions of older models, more automakers are coming out with EVs. It looks like sports cars are no exception to these electrification plans.
There are reports that GM may be discontinuing the gasoline-powered Chevy Camaro in favor of an electric sedan, according to Car and Driver.
A yellow Chevy sports car that’s wet from rain
The Chevy Camaro has seen a big decrease in sales.

GM's electric vehicle plans

Like other carmakers, GM has big plans for changing its lineup to introduce more EV models. GM released a statement that says the company is aiming to have 30 new global electric vehicles by 2025.
According to The Verge, over two-thirds of those new vehicles will be for North America. GM plans to spread them over all its brands, including Cadillac, Buick, GMC, and Chevrolet, with models accommodating various price points.
These changes are part of its larger goal to be fully carbon neutral by 2040. To further that goal, GM will increase spending on EVs and autonomous vehicles by 30% to $35 billion. GM hopes to sell over a million EVs across the globe and build two new battery cell manufacturing plants by 2025.

Will GM replace the Chevy Camaro?

GM released silhouettes of a sporty muscle car as part of its EV week presentation, as reported by Car and Driver. The company hasn’t commented on the future of the Camaro, but the upcoming EV bears a striking similarity to the profile of the Camaro.
Since manufacturers like Dodge have also announced plans for an electric muscle car, the 2024 eMuscle, it's possible that GM plans to follow suit.
Replacing the Camaro with an electric muscle car raises a lot of questions. Car enthusiasts wonder how GM will deliver an electric counterpart to the gas-fueled Camaro that matches the ZL1's 650-horsepower supercharged 6.2-liter V-8.
Car and Driver said that GM's new EV models will ride on the new Ultium battery platform which was first used on the GMC Hummer EV. According to GMC, that model can reach 60 mph in 3.0 seconds. It makes sense for consumers to expect the new electric sedan to deliver similar performance to a car it’s potentially replacing.

Camaro sales have been down over recent years

Camaro sales decreased by just over 38% last year, with GM selling about 30,000 Camaros, according to Car and Driver.
It doesn't seem to be an issue with muscle cars in general, since Ford reportedly sold twice as many Mustangs. Even though sales have gone down, Chevy hasn't said that it will stop production of the Camaro.
Part of the issue is most likely the chip shortages that the auto industry is currently facing. These shortages have caused manufacturers to focus on more desirable models and vehicle types like SUVs and trucks.
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