Blox Labs Inc. C.BLOX

RE:Inevitable and Booming Trend!

[Goldy63]

Thats Is Correct JC . Auto Makers Going Green big time . Read on . 

Subject:

Gm Spending Billions . ACDC Info .

RE:GM Spending BILLIONS To Go Green By 2035 . ACDC Baby
Goldy63 wrote:
General Motors plans to completely phase out vehicles using internal combustion engines by 2035, Chairman and Chief Executive Officer Mary Barra announced Thursday. The automaker will go completely carbon neutral at all facilities worldwide by 2035.

Barra has frequently touted GM's plan for “an all-electric future,” recently increasing to 30 the number of pure battery-electric vehicles it will launch by the middle of this decade, but this marks the first time the largest Detroit automaker has set a hard target for completely phasing out gas and diesel engines for all light-duty vehicles, including pickups and SUVs.


GM is also working on clean technology for heavy-duty trucks. On Wednesday, GM announced it will provide fuel-cell technology for Navistar International Corp. And it is looking for other applications of the hydrogen technology it is developing as part of a joint venture with Honda.

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

The auto industry is shifting from internal combustion technology to emissions-free battery and hydrogen powertrains. Several traditional brands have also committed to a complete transition, with Bentley recently laying out a target date of 2030 to switch entirely to battery-electric vehicles, or BEVs. Nissan this week said it will electrify all models by the “early 2030s,” but that will include gas-electric hybrids as well as BEVs.

In its push to go electric, GM hopes to tackle Tesla and upstarts including Rivian, Bollinger and Lordstown Motors.

GM launched its first long-range battery-electric model, the Chevrolet Bolt EV, in 2016 and is preparing an aggressive ramp-up beginning with the stretched Chevy Bolt EV and GMC Hummer pickup later this year. By mid-decade, all of its U.S. and foreign-based brands, including those in China, will have BEVs in showrooms.