General Motors Co. said on Thursday it aspires to offer only electric vehicles in 15 years, about to become a carbon-neutral company by 2040.
GM said it has worked with the Nonprofit Environmental Protection Fund “to develop a shared vision of a fully electric future and an aspiration to eliminate exhaust pipe emissions from new light vehicles by 2035”.
The aim is to focus on zero-emission vehicles in a range of prices and work with others, including EDF, to – build charging networks and promote consumer acceptance while maintaining high-quality jobs, which they will all be needed to meet these ambitious goals, ”said GM.
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Earlier this year, GM said it would offer 30 fully electric models globally by the middle of the decade and that 40 percent of the company’s US models would 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 $ 20 billion planned before the COVID-19 pandemic. Plans also include increases in fuel consumption for vehicles with internal combustion engines.