It’s part of an industry-wide — and potentially economy-wide — transformation in order to fight climate change.
General Motors, which manufactures millions of cars every year, has set a target date 2035 for ending production of gas and diesel vehicles.
DOMONOSKE: Well, GM is really influential, and this is a signal that they are all-in on a future that’s based on electric vehicles.
You only need to look at Tesla’s stock to see some of the symptoms of just how focused they are, so there really is a wide range of pressure.
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