 The soon-to-be-revealed 2022 Chevrolet Bolt EUV. Credit: GM. Big news from General Motors. In an announcement most likely resulting in some jaw drops in the automotive industry, GM announced today that it plans to go carbon neutral by 2040. Part of that plan involves GM�s aspirations to go all-electric by 2035. It also announced that it signed the Business Ambition Pledge for 1.5⁰C, which it described as �an urgent call to action from a global coalition of UN agencies, business and industry leaders.� �General Motors is joining governments and companies around the globe working to establish a safer, greener and better world,� said Mary Barra, GM Chairman and CEO. �We encourage others to follow suit and make a significant impact on our industry and on the economy as a whole.� The latest news comes after GM recently unveiled a new logo signifying its plans to accelerate growth into electrification. GM also says it�s been working with the Environmental Defense Fund to come up with a shared plan to eliminate tailpipe emissions from its new light-duty vehicles by 2035. GM�s says its focus will be offering zero-emissions vehicles across a range of price points. GM specifically plans to offer 30 all-electric models globally by mid-decade and 40 percent of its U.S. models are expected to be battery electric vehicles by the end of 2025. To get his done, GM says more than half of its capital spending and product development team will be devoted to electric and electric-autonomous vehicle programs.  �With this extraordinary step forward, GM is making it crystal clear that taking action to eliminate pollution from all new light-duty vehicles by 2035 is an essential element of any automaker�s business plan," said Environmental Defense Fund President Fred Krupp. "EDF and GM have had some important differences in the past, but this is a new day in America � one where serious collaboration to achieve transportation electrification, science-based climate progress and equitably shared economic opportunity can move our nation forward.� To read the complete press release from GM, click here. |
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| Jan 28, 2021 1:00:00 AM