GM “aspires” to exclusively offer electric vehicles by 2035, ending production of its cars, trucks and SUVs with diesel- and gasoline-powered engines.<\/p>\n
The company\u2019s \u201caspirations\u201d are part of a larger plan for the Detroit automaker to be carbon neutral by 2040 in its global products and operations.<\/p>\n
GM\u2019s plan comes a day after President Joe Biden signed a series of executive orders that prioritize climate change.<\/p>\n
The company plans to use 100% renewable energy to power its U.S. facilities by 2030 and global facilities by 2035 \u2014 five years ahead of a previously announced goal.<\/p>\n
GM\u2019s announcement comes a day after President Joe Biden signed a series of executive orders that prioritize climate change across all levels of government and put the U.S. on track to curb planet-warming carbon emissions.<\/p>\n
Shares of GM increased as much as 7.4% during intraday trading Thursday morning to $53 a share. As of midday Thursday, shares were up about 4%. GM has a market cap of about $73 billion.<\/p>\n
or several years, GM has touted a guiding \u201ctriple zero vision,\u201d including a future with zero emissions through electric vehicles, but it never announced a time frame. The other goals include zero congestion and zero crashes through advanced safety technologies and self-driving vehicles.<\/p>\n
\u201cFor General Motors, our most significant carbon impact comes from tailpipe emissions of the vehicles that we sell \u2014 in our case, it\u2019s 75 percent,\u201d GM CEO Mary Barra said in message on LinkedIn. \u201cThat is why it is so important that we accelerate toward a future in which every vehicle we sell is a zero-emissions vehicle.\u201d<\/p>\n
GM has already announced plans to shift three of its U.S. plants to produce electric vehicles. <\/p>\n
GM plans to release 30 new EVs globally by 2025 under a $27 billion investment in electric and autonomous vehicles during that time frame. It also previously announced expectations for a majority, if not all, of its luxury Cadillac cars and SUVs sold globally to be EVs by 2030.<\/p>\n
for full article see
\nwww.cnbc.com\/2021\/01\/28\/general-motors-plans-to-exclusively-offer-electric-vehicles-by-2035.html<\/p>\n
at gm.com:<\/p>\n
“GM is positioned to design, engineer, and produce EVs for every style and price point, and we are rapidly building a competitive advantage in batteries, software, vehicle integration, manufacturing and customer experience.”<\/p>\n
ehicles built from the Ultium system could offer GM-estimated driving ranges of up to 400 miles on a full charge with 0 to 60 mph1 acceleration as low as 3.0 seconds <\/p>\n
The battery pack allows engineers to deliver vehicles with an optimized weight distribution and a lower center of gravity for outstanding ride and handling. <\/p>\n","protected":false},"excerpt":{"rendered":"
GM “aspires” to exclusively offer electric vehicles by 2035, ending production of its cars, trucks and SUVs with diesel- and gasoline-powered engines. The company\u2019s \u201caspirations\u201d are part of a larger plan for the Detroit automaker to be carbon neutral by 2040 in its global products and operations. GM\u2019s plan comes a day after President Joe Biden signed a series of executive orders that prioritize climate change. The company plans to. . . CONTINUE<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1619","post","type-post","status-publish","format-standard","hentry","category-electric-vehicles"],"_links":{"self":[{"href":"https:\/\/www.fuel-efficient-vehicles.org\/energy-news\/index.php?rest_route=\/wp\/v2\/posts\/1619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fuel-efficient-vehicles.org\/energy-news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fuel-efficient-vehicles.org\/energy-news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fuel-efficient-vehicles.org\/energy-news\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fuel-efficient-vehicles.org\/energy-news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1619"}],"version-history":[{"count":0,"href":"https:\/\/www.fuel-efficient-vehicles.org\/energy-news\/index.php?rest_route=\/wp\/v2\/posts\/1619\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.fuel-efficient-vehicles.org\/energy-news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fuel-efficient-vehicles.org\/energy-news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fuel-efficient-vehicles.org\/energy-news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}