The automaker earned more than $6 billion last year — money that it will plow into the development of electric and autonomous vehicles.
The end of the gasoline-powered car will transform the economy.
Every carmaker is trying to figure out how to make the leap before governments force it and Tesla and other start-ups lure away drivers.
The move, one of the most ambitious in the auto industry, is a piece of a broader plan by the company to become carbon neutral by 2040.
General Motors says it will increase its investment and model offerings over the next five years “to expedite the transition to E.V.s.”