• 4 minutes Europeans and Americans are beginning to see the results of depending on renewables.
  • 7 minutes Is China Rising or Falling? Has it Enraged the World and Lost its Way? How is their Economy Doing?
  • 13 minutes NordStream2
  • 3 days Monday 9/13 - "High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year" by Irina Slav
  • 2 hours California to ban gasoline for lawn mowers, chain saws, leaf blowers, off road equipment, etc.
  • 6 hours "Here is The Hidden $150 Trillion Agenda Behind The "Crusade" Against Climate Change" - Zero Hedge re: Bank of America REPORT
  • 7 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 days "A Very Predictable Global Energy Crisis" by Irina Slav --- MUST READ
  • 1 day An Indian Opinion on What is Going on in China
  • 12 hours Nord Stream - US/German consultations
  • 2 days Can Technology Keep Coal Plants Alive and Well?
  • 3 days Two Good and Plausible Ideas about Saving Water and Redirecting it to Where it is Needed.
  • 3 days Succession Planning in Human Resources for Vaccinated Individuals in the Oil & Gas Industry
  • 5 days Perfect Energy Storm in Europe: turning our back on fossil fuels is easier said than done!
  • 1 day U.S. : Employers Can Buy Retirement Security for $2.64 an Hour
  • 2 days Storage of gas cylinders
Dealing With A Global Plastic Problem

Dealing With A Global Plastic Problem

While much has been made…

Why $80 Oil Won't Destroy Demand

Why $80 Oil Won't Destroy Demand

Global oil demand is recovering…

GM Will Go All Electric By 2035

GM is going all-in toward an all-electric future, aiming to eliminate all tailpipe emissions from new light-duty vehicles by 2035 as part of a wider strategy to become a carbon-neutral business by 2040.

In a major announcement on Thursday, the highest-selling U.S. automaker said it would offer 30 all-electric models globally by the middle of this decade. A total of 40 percent of the company’s U.S. models offered will be battery electric vehicles (BEVs) by the end of 2025.

The automaker is investing $27 billion in electric and autonomous vehicles in the next five years. That’s up from the $20 billion planned before the start of the COVID-19 pandemic.

“General Motors is joining governments and companies around the globe working to establish a safer, greener and better world,” Mary Barra, GM 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,” Barra added.

Earlier this month, GM unveiled a new logo and brand identity, making it clear it would significantly boost its EV offering.

“The new GM logo features a color gradient of vibrant blue tones, evoking the clean skies of a zero-emissions future and the energy of the Ultium platform,” GM said in early January, noting that “within the negative space of the “m” is a nod to the shape of an electrical plug.”

As part of the carbon-neutral pledge, GM gas worked with the Environmental Defense Fund (EDF) to develop a shared vision of an all-electric future, the carmaker said today.

Commenting on GM’s ‘clean cars’ announcement, EDF President Fred Krupp wrote in a blog post:

“Why is this a big deal? When a leading U.S. carmaker takes such a step, it sends a powerful signal to the industry that being on the road to zero emissions is an essential element of every automaker’s business plan.”

GM’s announcement on zero-emission vehicles by 2035 comes days after President Joe Biden vowed to replace the almost 650,000-strong federal vehicle fleet with electric cars as part of his climate agenda.  

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News