General Motors sets goal of going largely electric by 2035
January 28, 2021 10:33AM AKST
By MICHELLE CHAPMAN AP Business Writer
General Motors has set a goal of making the vast majority of the vehicles it produces electric by 2035, and the entire company carbon neutral, including operations, five years after that. The Detroit automaker’s push into electric vehicles has gone into overdrive this year. GM has already announced that it will invest $27 billion in electric and autonomous vehicles in the next five years, a 35% increase over plans made before the pandemic. It will offer 30 all-electric models worldwide by the middle of the decade. By the end of 2025, 40% of its U.S. models will be battery electric vehicles. The company plans to include crossovers, SUVs, sedans and trucks in its electric vehicle lineup.