Automakers’ transition to electric cars got a jolt from GM
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Automakers’ transition to electric cars got a jolt from GMBy Neal E. Boudette, Coral Davenport, New York Times
Last Updated: Jan 30, 2021, 11:34 AM IST
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The reaction from automakers and oil and gas companies has so far been muted. But Washington is abuzz with corporate lobbyists complaining in private about what they saw as a calculated move to burnish GM’s and Barra’s reputations even as the industry negotiates a new fuel-economy deal with the Biden administration.
Reuters
The five auto companies that signed the deal with California committed to an average fuel economy of 51 mpg by 2026 and had to start ratcheting up their standards with cars sold in 2021 in the state.
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GM made the dramatic announcement just over a week after President Joe Biden took office pledging to tackle greenhouse gas emissions and boost sales of electric vehicles (EVs). GM sets game-changing goal, will strive to end sales of IC engine vehicles by 2035
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