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GM General Motors Company

44.86
0.19 (0.43%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
General Motors Company NYSE:GM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.19 0.43% 44.86 45.545 44.505 45.03 10,046,012 01:00:00

GM Sets New Goal to Reduce Carbon Emissions

27/06/2019 6:02pm

Dow Jones News


General Motors (NYSE:GM)
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By Michael Dabaie

 

General Motors Co. (GM) said Thursday it has reduced its manufacturing carbon intensity since 2010  and set a new goal to reduce emissions 31% by 2030, compared to 2010.

In its annual sustainability report Thursday, the auto maker said renewable energy powers 20% of its electricity needs currently and will power 100% by 2050.

GM said it will double engineering resources focused on electric vehicle and autonomous vehicle programs in the next two years. Cars tested by Cruise, GM's self-driving, ride-hailing subsidiary, drove 3.5-times more miles in 2018 than in 2017, GM said.

 

Write to Michael Dabaie at michael.dabaie@wsj.com

 

(END) Dow Jones Newswires

June 27, 2019 12:47 ET (16:47 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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