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General Motors aims to use renewable energy in coming decades.

Auto Business News-September 15, 2016--General Motors aims to use renewable energy in coming decades

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Auto Business News - 15 September 2016

General Motors (NYSE: GM), a United States-based automaker, has joined a collaborative initiative that aims to embrace renewable energy in the coming decades.

The automaker has pledged to use 100 percent renewable energy by 2050. The commitment extends to 350 individual operations spread across 59 countries.

The firm last year used nine terawatt hours of electricity in its factories, offices, warehouses and technical centres. The figure is comparable to around a million households, based on US Energy Information Administration estimates for average US homes. Certain sites already benefit from renewable energy, drawing from solar arrays at 22 sites and landfill gas at three locations. The initiatives now save USD5m per annum, contributing to a collective savings of USD80m over 20 years, though the company has not revealed its investment costs for the off-grid power.

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Publication:Auto Business News (ABN)
Date:Sep 15, 2016
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