The company sold 10 million cars last year, so switching all of those gas-guzzlers over to electric will mean big changes. In 2015, greenhouse gas emissions from transportation accounted for about 27 percent of total U.S. greenhouse gas emissions, according to the Environmental Protection Agency.
The new all-electric models coming from GM will be a mix of battery electric cars and fuel cell-powered vehicles. GM promises up to 20 new cars by 2023, all in their new zero-emissions style.
Paris has made waves with its local auto environmental efforts: The city “bans” cars for a day each September, encouraging biking, walking and public transport in the city, with results that estimate 40% less emissions for that day.
On top of the clear environmental gains, car tech is taking a big leap forward as far as safety and traffic. GM is working on pioneering driverless cars with vehicle-to-vehicle communication capabilities, with an aim to reduce vehicle pollution, congestion, and traffic deaths.
It makes economic sense, and health sense too. And, this could also stop our dependence on oil. Barclays analysts forecast that electric vehicle adoption and higher fuel efficiency could cut global oil demand by 3.5 million barrels a day by 2025.