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GM sets to double revenue, lead US in electric vehicle sales

General Motors plans to cash in as the world switches from combustion engines to battery power, promising to double its annual revenue by 2030 with an array of new electric vehicles. ....

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Volvo Going Electric: No More Gas Cars By 2030

Volvo Going Electric: No More Gas Cars By 2030
03/02/21 AT 11:47 AM
Volvo is following the lead of other automakers by going all-electric, announcing its goal is to eliminate all its gas-powered vehicles by the year 2030.
The Sweden-based car company changed its engine lineups in 2019 to either hybrid or battery-powered, so transitioning to an all-electric fleet has been in the works for a few years.
Hybrids will be completely phased out by 2030, as well as any vehicles that might still have combustible engines, according to a statement released by the company Tuesday.
In announcing the decision, Volvo explained it is making the move “on the expectation that legislation, as well as a rapid expansion of accessible high quality charging infrastructure, will accelerate consumer acceptance of fully electric cars.” ....

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General Motors sets goal of going largely electric by 2035, carbon neutral by 2040

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. ....

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Oil guzzlers trucks and SUVs may fuel GM's electric quest

Last month GM said it hoped to end production of petroleum-powered cars and trucks by 2035. It has also set interim targets of introducing 30 new electric cars and trucks in the next four years. ....

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GM to invest $1-billion in Ontario plant to manufacture electric vans

GM to invest $1-billion in Ontario plant to manufacture electric vans
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Geoff Robins/Reuters
General Motors Co and labour union Unifor said on Friday they have reached a tentative deal for the auto maker to invest nearly C$1 billion ($785.42 million) in its CAMI Assembly Plant in Ingersoll, Ontario, to manufacture commercial electric vans.
Under the tentative deal, which is yet to be ratified by the union workers, GM has agreed to begin large-scale commercial production of EV600, an electric van, at its CAMI plant, Unifor said in a statement. ....

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