standards and pollution limits starting in the 2024 model year. New vehicles sold in the U.S. will have to average at least 40 miles per gallon of gasoline in 2026, up from about 28 mpg, under new Biden administration rules that undo a rollback of standards enacted under former President Donald Trump.
GM has a goal of selling only electric passenger vehicles by 2035, but Johnson said that's a dozen years out, a period when many customers will still want gas engines.
“sink” is a bit strong. It’s a smart investment to continue to refine ICE as long as they’re going to be used to power the largest new car market segment of trucks and SUVs - as long as they’re going to be used we should strive to make them as efficient as possible
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