Home Big Biz Why General Motors Prefers Wind Power To Build Its Vehicles?

Why General Motors Prefers Wind Power To Build Its Vehicles?

General Motors has announced its plans to build pickup trucks and full-size SUVs powered by wind.

Why General Motors Prefers Wind Power To Build Its Vehicles?
Why General Motors Prefers Wind Power To Build Its Vehicles?

American multinational corporation General Motors (GM) recently has announced its plans to build pickup trucks and full-size SUVs powered by wind and not fuel.

The largest American automobile manufacturer wants to power all its global facilities with 100% renewable energy by year 2050.

According to an article published by Detroit Free Press, several wind farms are coming online to support cleaner production as part of a partnership between General Motors and energy producer CMS Enterprises.

GM touched the milestone of selling 10 million vehicles in 2016. Current auto brands are Buick, Cadillac, Chevrolet, GMC, Holden, and Wuling.

General Motors produces vehicles in 37 countries that are sold under various brands.

Fortune reported in 2016 that GM led a $1 billion equity financing in the transportation network company Lyft.

This was GM’s first investment in the ride-sharing projects and its reported participation ($500,000,000) in the round is considered to be indicative of its efforts towards the future of transportation, which it believes will be “connected, seamless and Autonomous.”