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- General Motors plans to exclusively offer electric vehicles by 2035.
- The move is part of its broader plan to become carbon neutral by 2040.
- The carmaker is also working to help build charging stations and promote the use of electric vehicles.
General Motors on Thursday announced it is aiming to phase out gasoline and diesel powered passenger cars and sports utility vehicles by 2035 as part of its broader push to become carbon neutral by 2040.
The nation’s largest car manufacturer said it will be replacing its fleet with all-electric cars, SUVs and light trucks over the next 14 years. The move does not apply to heavy-duty vehicles, such as commercial trucks.
GM also said it will source 100 percent renewable energy to power its U.S. operations by 2030 and global facilities by 2035, five years ahead of its previously announced target. To account for carbon emissions it cannot eliminate, GM will invest in carbon credits or offsets.
The company said it is focusing on offering zero-emissions vehicles in different price ranges, and is working with the Environmental Defense Fund, an environmental advocacy group, to build charging stations and promote the use of electric vehicles.
“General Motors is joining governments and companies around the globe working to establish a safer, greener and better world,” Mary Barra, General Motors chairman and CEO, said in a statement. “We encourage others to follow suit and make a significant impact on our industry and on the economy as a whole.”
The company plans to spend $27 billion over the next five years to release 30 electric vehicles, including a new electric Hummer pickup truck that is expected to be made available to customers later this year.
The announcement from GM comes just one day after President Biden signed a series of executive orders to tackle climate change.
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