General Motors will stop producing petrol and diesel cars in 2035 and will only sell electric vehicles
- GM will be plugging in the production of diesel and gas vehicles by 2035
- In an announcement Thursday, the firm said it would then only sell electric vehicles
- Eliminating gas and diesel vehicles is helping it achieve carbon neutrality by 2040
General Motors (GM) has set 2035 for the time when it plans to stop production of all diesel and gasoline-powered vehicles worldwide.
Instead of emitting pollution from outlet pipes, the company will only sell electric vehicles, and new training will be launched for the occasion.
The U.S. manufacturer made the announcement Thursday as part of its strategy to become carbon neutral in 2040, which also includes the use of 100% renewable energy in production facilities.
The move comes weeks after GM changed its corporate logo and launched an electric vehicle marketing campaign to reshape its image as a clean vehicle company.
Scroll down to see the video
The US automaker made the announcement on Thursday as part of its strategy to become carbon neutral in 2040, which also includes the use of 100% renewable energy in its facilities. production.
The trade in gasoline for electric vehicles has been a major issue in recent years and two states in the United States, California and Massachusetts, have committed to making the switch in 2035.
GM is the first carmaker to move forward and its shares rose 7.4% on Thursday morning because of this; it now has a market capitalization of about $ 73 billion.
Mary Barra, president and CEO of GM, said: “General Motors joins governments and companies around the world working to establish a safer, greener and better world.”
“We encourage others to follow suit and make a significant impact on our industry and the economy as a whole.”
General Motors (GM) has set 2035 for the time when it plans to stop production of all diesel and gasoline-powered vehicles worldwide. The photo shows GM’s Endurance electric van that was unveiled last June
The company expects to launch 30 all-electric models worldwide by the middle of the decade and 40 percent of the models the company offers in the U.S. will be battery-powered electric vehicles by the end of 2025.
The EV will also be available at different prices to cater to the general public.
The move comes weeks after GM changed its corporate logo and launched an electric vehicle marketing campaign to reshape its image as a clean vehicle company.
And GM will work with other companies to develop the necessary recharging infrastructure and promote consumer acceptance while maintaining high-quality jobs, which will be needed to achieve these ambitious goals.
Environmental Protection Fund (EDF) President Fred Krupp said: “With this extraordinary step forward, GM makes it clear that taking steps to eliminate pollution from all new light vehicles by 2035 is a key element. of any car manufacturer’s business plan “. ”
“EDF and GM have had some important differences in the past, but this is a new day in America, where serious collaboration to achieve electrification of transportation, science-based climate progress and equitably shared economic opportunities can to advance our nation “.
To meet emissions from its own operations, GM will obtain 100% renewable energy to power its facilities in the United States in 2030 and global facilities in 2035, representing a five-year acceleration of the overall goal previously announced by the company.