General Motors to eliminate gasoline and diesel light-duty cars and SUVs by 2035

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https://www.washingtonpost.com/climate-environment/2021/01/28/general-motors-electric/

Source:  By Steven Mufson, The Washington Post. 

Excerpt: Big U.S. automaker says it will invest heavily in electric vehicles and be carbon neutral by 2040. GM chief executive Mary Barra, who antagonized many climate experts by embracing President Donald Trump’s relaxation of fuel efficiency targets, said Thursday the company now wants to lead the way to a greener future. “As one of the world’s largest automakers, we hope to set an example of responsible leadership in a world that is faced with climate change,” Barra said on LinkedIn. GM has said it would invest $27 billion in electric vehicles and associated products between 2020 and 2025, outstripping its spending on conventional gasoline and diesel vehicles. That figure includes refurbishing factories and investing in battery production in conjunction with LG Chem, a South Korean battery maker. ...As part of its plan, GM — maker of Buicks, Cadillacs, Chevrolets and Corvettes, among others — will manufacture about 30 types of electric vehicles. By late 2025, about 40 percent of the company’s U.S. models will be battery-powered electric vehicles, it said....

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