General Motors Aspires to Be Carbon-Neutral by 2040

General Motors Aspires to Be Carbon-Neutral by 2040

More than half of capital spending and its product development teams will now be devoted to the firm's electric and electric-autonomous vehicle programmes, with $27bn of investment committed to the two segments over the next five years, according to the update.

GM said today that it planned to be carbon neutral by 2040 and that it also planned for all of its light-duty vehicles to be all-electric by 2035.

With electric vehicle pioneer Tesla now the world's most valuable car-maker by market cap, it is becoming increasingly obvious to legacy auto giants such as GM that they must transition if they are to survive.

"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".

The announcement by the largest USA automaker comes just over a week since President Joe Biden took office, who has pledged to tackle greenhouse gas emissions and dramatically boost the sales of electric vehicles.

"The rational view for GM to form is that Australia is a low priority nation for its all-electric future".

Tennis stars eye freedom ahead of bumper week
It was fine here in Adelaide I must say we trained well we had four and half hours to train and be outside with the fresh air. Television pictures showed a raw blister on the palm of his right hand, where he grips his racquet.

"This move by GM shows the writing is on the wall for petrol and diesel vehicles".

GM has come under fire for its environmental policies in the past, in particular for its support of the Trump administration's roll back of Obama-era fuel efficiency standards and bid to bar California from setting its own fuel efficiency rules and zero emission requirements for vehicles.

GM will offer 30 all-electric models globally by mid-decade, and 40 percent of its USA models will be BEVs by the end of 2025.

Investing some $US27 billion ($A35 billion) into its transition to electric mobility, GM will continue to work on its Ultion battery technology, and update two factories in MI and Tennessee to make electric vehicles, in addition to its new Ohio Ultium facility'.

Dan Becker, director of the Safe Climate Transport Campaign at the Center for Biological Diversity, said "given GM's polluting track record, their promise to arrange some offsets for pollution" meant that the company's plan was "just blue smoke and mirrors".

Biden on Monday vowed to replace the US government's fleet of roughly 650,000 vehicles with electric models as the new administration shifts its focus toward clean-energy.

Related Articles