Tag: zero emissions auto industry

GM Aims For All-Electric Vehicles and Zero Emissions by 2035, Rivian Raises $2.65 Billion
Advanced Manufacturing, Announcements, Mobility Tech, Sustainable Energy

GM Aims For All-Electric Vehicles and Zero Emissions by 2035, Rivian Raises $2.65 Billion

Combining a shift to electric vehicles over the next decades and paying to offset emissions, General Motors announced yesterday a plan to finally put internal combustion engines and their climate-altering pollution in the rearview within 2 decades. Historically, GM is not known for quick corporate change or for prioritizing the planet over shareholder value, but the writing has been on the wall now for over a decade between government regulations and urgent climate change priorities shifting how consumers aim to purchase next vehicles. GM has worked for a number of years to retrofit older vehicle designs with hybrid and electric options, and recently put nearly all of its R&D budget into designing electric vehicles from the ground up, signaling a serious commitment to EVs. Currently, electric vehicle sales are in the single digits percentage-wise of vehicles sold, but rising quickly as more practical options become available and rapid charging becomes viable for the average consumer.

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