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GM intends to offer only electric cars by 2035 and be carbon neutral by 2040

GM intends to offer only electric cars by 2035 and be carbon neutral by 2040

January 29, 2021 01:33 by NewsDesk

General Motors Co. said on Thursday that it plans to offer only electric vehicles in 15 years, on its way to becoming a carbon neutral company by 2040.

GM said it worked with the nonprofit Environmental Defense Fund “to develop a shared vision of a fully electric future and an aspiration to eliminate exhaust emissions from new light vehicles by 2035”.

The goal is to focus on zero-emission vehicles in a price range and work with others, including EDF, to – build charging networks and promote consumer acceptance “while maintaining high-quality jobs, which will all be needed to serve to these ambitious goals, ”said GM.

Read too: Want greener cars? Focus on fuel efficiency compared to electric vehicles

Earlier this year, GM said it would offer 30 all-electric models worldwide by the middle of the decade, and that 40% of the company’s models in the United States will be battery-powered electric vehicles by the end of 2025.

The automaker is investing $ 27 billion in electric and autonomous vehicles over the next five years, up from the $ 20 billion planned before the COVID-19 pandemic. The plans also include fuel efficiency gains for vehicles with internal combustion engines.

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Tags Alternative fuel vehicles, automotive, carbon, cars, corporate, Corporate / Industrial News, Corporate Environmental Responsibility, electric, environmental, Environmental / Social / Governance, governance, industrial news, intends, Motor Vehicles, neutral, normal_number, offer, Passenger Cars, Social

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