Our Early Investments In These Growth Trends Have Transformed Gm Automaker To Platform Innovator
The largest automaker in the US, General Motors (GM), has said it plans to power all its domestic facilities with renewable energy by 2025 in a hastening of plans to lower its carbon impact. The firm originally made the pledge to hit 100 per cent renewables by 2030 but has now started working with US power grid operator PJM Interconnection to track the carbon emissions from its US facilities. GM’s goal is to become a carbon-neutral firm by 2040 and eliminate exhaust emissions from new light-duty vehicles by 2035.
This commitment was made earlier this year, just days after President Joe Biden took office and immediately signed a set of executive orders that tightened up environmental regulations that were relaxed under the previous administration.As well as a hastening of its renewable energy plans, the firm also intends to become the most significant electric vehicle (EV) manufacturer in the US and plans for more than 50 per cent of the its US and China manufacturing footprint to be capable of EV production by 2030. “GM’s vision of a world with zero crashes, zero emissions and zero congestion has placed us ahead of much of the competition in electrification, software-enabled services and autonomy,” said GM AUTOMAKER chair and CEO Mary Barra.
“Our early investments in these growth trends have transformed GM AUTOMAKER to platform innovator, with customers at the centre. GM AUTOMAKER will use its hardware and software platforms to innovate and improve their daily experience, leading everybody on the journey to an all-electric future.” In June, GM AUTOMAKER outlined plans to boost global spending on electric and self-driving vehicles to $35bn from $27bn through 2025. It is not the first major firm to commit to going fully renewable – both Apple and Google play to run all their facilities on carbon-free energy by 2030.
This news was originally published at E and T