By 2035, General Motors plans to halt the production lines of diesel-powered cars and trucks, replacing them with electric vehicles.
Mary Barra, CEO of General Motors, stated that the company aims to complete its plan for producing carbon-free vehicles. The goal is to transition to using 100% renewable energy in its facilities by 2030, making the company carbon-free by 2040. This announcement led to a 7.4% increase in the company's stock, reaching $53 per share, with the market value of the company estimated at around $73 billion.