General Motors is doubling down on its push into electric vehicles with new luxury and commercial models designed to tap what it expects will be fast-growing demand for battery-powered transportation.

The carmaker said it’s creating a wholly owned company called BrightDrop that not only supplies battery-powered vans but also offers fleet-management services. GM also previewed several upscale models for well-heeled retail buyers.

“Global EV market penetration stands at around 3 per cent,” Mary Barra, GM’s chief executive officer, said in a Tuesday speech at CES, which used to be called the Consumer Electronics Show. “We believe that is all about to change.”