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General Motors' (NYSE: GM) commitment to zero-emission vehicles by 2035 will influence heavy-duty truck manufacturers and suppliers to follow along.
Just two days after taking a role in a four-way collaboration to make nonpolluting hydrogen-powered fuel cell International trucks for
Navistar International Corp. (NYSE: NAV), GM said it is targeting 2040 to eliminate carbon dioxide pollution from its plants, supply chains and logistics globally.
"GM's declaration does have an impact on fleet owners," said Mike Ramsey, a Gartner Inc. vice president and automotive and smart mobility analyst. "Businesses that own and operate fleets may already have been considering [electric vehicles]. But now they have to make a plan for when they will switch."