General Motors to stop producing gasoline and diesel cars by 2035 and sell only electric vehicles
- GM is shutting down its production of diesel and gas vehicles by 2035
- In an announcement on Thursday, the company said it would only sell electric vehicles
- Eliminating gas and diesel vehicles is helping you achieve carbon neutrality by 2040
General Motors (GM) has set 2035 for when it plans to halt production of all diesel and gasoline vehicles worldwide.
In the place of exhaust emitter pollution, the company will only sell electric vehicles – and is ready to launch a new line for the occasion.
The American automaker made the announcement on Thursday as part of its strategy to become carbon neutral by 2040, which also includes the use of 100 percent renewable energy in production facilities.
The move comes weeks after GM changes its corporate logo and launches an electric vehicle marketing campaign to reshape its image as a clean vehicle company.
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The American automaker made the announcement on Thursday as part of its strategy to become carbon neutral by 2040, which also includes the use of 100 percent renewable energy in production facilities.
The trade in gasoline drinkers for electric vehicles has been a major topic in recent years and two U.S. states, California and Massachusetts, have pledged to make the switch by 2035.
GM is the first automaker to take a step forward and its shares rose 7.4 percent on Thursday morning because of that – it now has a market capitalization of around $ 73 billion.
Mary Barra, GM’s president and CEO, said: ‘General Motors is joining governments and companies around the world working to establish a safer, greener and better world.’
“We encourage others to follow suit and make a significant impact on our industry and the economy as a whole.”
General Motors (GM) has set 2035 for when it plans to halt production of all diesel and gasoline-powered vehicles worldwide. In the photo is the GM Endurance electric pickup that was unveiled last June
The company is expected to launch 30 fully electric models worldwide by the middle of the decade and 40 percent of the company’s US models offered will be battery powered electric vehicles by the end of 2025.
EV will also be available in different price ranges to suit the general public.
The move comes weeks after GM changes its corporate logo and launches an electric vehicle marketing campaign to reshape its image as a clean vehicle company.
And GM is ready to work with other companies to develop the necessary loading infrastructure and promote consumer acceptance while maintaining high-quality jobs, all of which will be needed to meet these ambitious goals.
The president of the Environmental Defense Fund (EDF), Fred Krupp, said: ‘With this extraordinary step forward, GM is making it clear that taking measures to eliminate pollution from all new light vehicles by 2035 is an essential element of the plan of any car manufacturer. ”
‘EDF and GM have had some important differences in the past, but this is a new day in America – where a serious collaboration to achieve electrification of transport, science-based climate progress and equitably shared economic opportunities can move our nation forward.
To deal with emissions from its own operations, GM will supply 100 percent renewable energy to power its units in the U.S. by 2030 and global units by 2035, which represents a five-year acceleration of the global goal previously announced by the company.