More Automakers Commit to Zero Emissions Future

Foley & Lardner LLP

Foley & Lardner LLPIn January, GM became the first large US auto manufacturer to commit to stop manufacturing gasoline-powered passenger cars and switching entirely to zero emissions vehicles for passenger cars, vans, and SUVs by 2035. The news made a major splash around the world. GM also committed to making its facilities neutral by 2040. As we reported back in 2017, GM had planned to introduce 20 new EVs by 2023. GM announced this year it will up that number, planning to will launch 30 new global electric vehicles by 2025 in its process towards its all-electric fleet.

Now, more automakers are following suit. Audi is the latest automaker to announced that it plans to end launches of new gas-powered engines in 2026. In the early 2030s, Audi plans to switch entirely to electric vehicles. Honda also announced it will phase out sales of gas-powered vehicles in 2040.  Honda previously partnered with GM on battery technology. Ford committed to electrifying 40% of its vehicles by 2030. 

These automakers collectively own a large percentage of the US market, and will have a major impact on emissions and vehicle trends in the US. Bloomberg estimates that EVs will be 58% of global passenger vehicle sales by 2040.

Infrastructure will need to catch up by then. As recent news reports highlighted, gas stations are not in a hurry to switch to, or even add, charging stations. Charging times will need to speed up significantly with broader uptake of vehicles.

Dealers will also need to work to transition to electric vehicles—everything from training service technicians and serving both gasoline and electric vehicles for a lengthy period of time, to working with their sales teams on the different benefits and features important to EV buyers.  With automakers’ commitments, that effort to shift resources, investments, and training will be shifting into overdrive.

[View source.]

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Foley & Lardner LLP | Attorney Advertising

Written by:

Foley & Lardner LLP

Foley & Lardner LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.