General Motors (NYSE: GM) has recently announced that it intends to put an end to the production of diesel- and gasoline-powered cars in order to maintain a plan to be carbon neutral by 2040 in its global products and operations. General Motors also desires to use 100% renewable energy in order to fuel its American facilities by 2030 and global facilities by the year 2035, thus ending the production of diesel- and gasoline-powered engines.
The plan came to fruition after President Joe Biden signed off on some executive orders that highlighted the importance of climate change and alerted the public concerning the significance of reducing global-warming carbon emissions. General Motors has been known for its goal of a "triple zero vision," which includes zero emissions from electric vehicles, zero congestion, and zero crashes.
"For General Motors, our most significant carbon impact comes from tailpipe emissions of the vehicles that we sell - in our case, it's 75 percent," General Motors CEO Mary Barra stated in a LinkedIn message, quoted by CNBC.
A primary aspect of the "triple zero vision" includes the strict usage of electric vehicles. General Motors intends to unleash thirty new electric vehicles by the year 2025, with luxury Cadillac vehicles and SUVs to be sold on a global level by 2030.
On top of its goals related to electric vehicles, General Motors intends to work with the Environmental Defense Fund in order to meet goals that are related to maintaining necessary infrastructures. The carbon neutral plan of General Motors requires that the electric vehicles be charged with wind and solar energy, and the company has worked alongside developers and councils that will support them in their endeavors.
Specifically, General Motors is working with the company EVgo in order to add fast chargers to their already growing network. Fast chargers, which are powered by 100% renewable energy, will add to the already growing network of General Motors, and make it possible for electric energy to be the primary source for vehicles in the future.
This world is continually evolving and changing, so General Motors is only propelling these significant changes into motion toward a EV future.