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General Motors Bets $27 Billion On Electric Cars, Slashes Gas-Powered Lineup


General Motors Bets $27 Billion On Electric Cars, Slashes Gas-Powered Lineup
01/28/21 AT 4:58 PM
General Motors plans to invest $27 billion into expanding its electric vehicle lineup, slashing all gas-powered light cars and SUVs from its catalog by 2035. It’s a big investment, but climate activists note the U.S. automaker has given itself some wiggle room and has a track record of defaulting on sustainability promises.
GM’s lineup will still have some vehicles that use diesel and gas, notably medium and heavy trucks. With light-duty offerings going 100% electric, however, the company hopes to be carbon-neutral by 2040. 
The plan was developed in concert with the Environmental Defense Fund, whose president Fred Krupp called the move a “breakthrough moment,” the Washington Post reported. ....

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Detailed text transcripts for TV channel - MSNBC - 20100730:18:00:00

Detailed text transcripts for TV channel - MSNBC - 20100730:18:00:00
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Detailed text transcripts for TV channel - MSNBC - 20100730:18:11:00

People who are critical of this deal. so gm paid back $7.7 billion in loans, over $50 billion spent on its rescue. let s go ahead and show, i hope we have the picture because i wanted to show michael the new chrysler product, the new jeep grand cher i can, and it s a pretty good looking car. do you think that these new lines of products can actually turn these companies around with the new looks? i m not sure about the volt, i m not sure about a car that you paid 31,000 for and you plug in, although i m concerned about who killed the electric car, maybe i have watched the video too many times. but it seems like detroit is finally responding to the way in which consumers are hoping to go. it seems like consumers are ....

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