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General Motors plans to be carbon-neutral by 2040; eliminate LDV tailpipe emissions by 2035

Green Car Congress

GM plans to become carbon-neutral in its global products and operations by 2040 and has committed to setting science-based targets to achieve carbon neutrality. The use of GM’s products accounts for 75% of carbon emissions related to this commitment. The company has also signed the Business Ambition Pledge for 1.5?C, Electrification.

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Hyundai Motor Group affiliates to join Climate Group’s RE100, aim to expand renewable energy use

Green Car Congress

The Group is considering various ways to procure renewable energy such as self-production through solar panels, power purchase agreements (PPA) with wind and solar energy producers, as well as purchase through Korea Electric Power Corporation’s (KEPCO) ‘Green Premium’ program. General Motors and the BMW Group are also RE100 members.

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25 Years Ahead Of Initial Target, GM Secures All Energy Needed to Achieve Renewable Energy Goal

CleanTechnica EVs

An ambitious renewable energy goal years in the making was reached ahead of schedule, according to General Motors Wednesday. By reaching the goal, General Motors is expected to avoid the production of an estimated 1 million metric tons of carbon emissions that would have been produced between 2025 and 2030.

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US DOD awards MP Materials $35M heavy rare earth processing contract

Green Car Congress

HREEs have higher atomic weights and are generally less abundant than light rare earth elements (LREEs). They are essential inputs to many critical defense and commercial technologies, particularly permanent magnets instrumental to the performance of electric vehicles, wind turbines, drones, and missile systems. Earlier post.).

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Penske Backs Out of Saturn Deal; Brand to Wind Down

Green Car Congress

PAG) has terminated its discussions with General Motors Company to acquire the Saturn brand, citing concerns directly related to the future supply of vehicles beyond the supply period it had negotiated with GM. Pursuant to the terms of those agreements, the wind down process will be determined and communicated shortly.

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GM: Saab Sale Cannot Be Concluded, Will Wind Down the Brand

Green Car Congress

General Motors announced today that the intended sale of Saab Automobile AB would not be concluded. As a result, GM will start an orderly wind-down of Saab operations. As a result, GM will start an orderly wind-down of Saab operations. In order to maintain operations, Saab needed a quick resolution.

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Ford CEO Jim Farley gives update on ratification with UAW

Teslarati

Ford CEO Jim Farley said that the automaker is working to get production and deliveries back to full capacity after ratifying its contract with the UAW. Farley believes the plants in Michigan, Kentucky, and Illinois that were affected by the UAW’s strike are “on track to reach full production schedules in the coming days.”

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