How GM Is Going All In On Electrification | CNBC Marathon
How GM Is Going All In On Electrification | CNBC Marathon
CNBC Marathon revisits General Motors’ shift into the electric vehicle market.
GM is one of the largest automakers in the world with a range of models falling under its four brands, Chevy, Buick, Cadillac, and GMC. The automaker made its name selling gas burning cars but in January 2021, it made a stunning announcement. The company said it “aspires to eliminate tailpipe emissions from new light-duty vehicles by 2035.” This means that GM intends to stop selling gas-burning cars. General Motors says it wants to lead electric vehicle sales in North America by 2025, and vows that its new Ultium battery platform will drive that dominance.
