General Motors to phase out gas cars and be fully electric by 2035

General Motors announced this morning plans to be carbon neutral by 2040 in its global products and operations. To help get there, the automaker will end production of gas powered light-duty vehicles by 2035.

The electrification of their fleet will cover crossovers and SUVs to trucks and sedans over a range of price points, and consider more than just the vehicles themselves. They automaker will work with stakeholders to build out the necessary charging infrastructure, and to also promote consumer acceptance of the shift.

GM said it will offer 30 electric vehicles (EVs) by 2025, while 40% of the company’s U.S. models will be fully electric in the same year. That will be made possible thanks to a $27 billion investment over the next five years in electric and autonomous vehicles, a $7 billion increase from their previously announced plans.

The announcement also included the company’s intention to use 100% renewable energy at its U.S. facilities by 2030, and by 2035 at all of its facilities worldwide. GM had previously stated a target of 2040 for this goad.

“General Motors is joining governments and companies around the globe working to establish a safer, greener and better world,” said Mary Barra, GM Chairman and CEO. “We encourage others to follow suit and make a significant impact on our industry and on the economy as a whole.”

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