With a substantial number of new electric vehicles in the works, General Motor's first chief sustainability officer says automakers are hoping consumers embrace the new technology in the same way early drivers switched from horses and buggies to motorized vehicles.

Dane Parker noted that the first cars were more convenient, quieter, and "better in every other way" than the old way of getting around. He expects those benefits to also drive people today to eco-friendly vehicles.

"I think we're going to see the same with electric vehicles as we enter this 100-year period," Dane Parker, said.

Although, as GM just announced its new all-electric Hummer, the company may hope adoption comes sooner than that.

Parker's optimism rests, in part, on a conviction that electric vehicles outperform conventional ones.

"They will be desirable in all other types of ways," he said.

In order to convince drivers to try EVs, Parker said the vehicles will need to solve the three concerns most frequently cited by GM customers: cost, range, and charging locations.

"We're addressing all three of those and pretty aggressively, and we're optimistic in the near future none of those are going to be barriers," he said.

Parker's role as the chief sustainability officer includes engaging with employees as well as dealing with the nuts and bolts of the vehicles. "Ultimately we think every employee can make an impact in their own lives as well as what we do as a business."

"As we look to the next 10 years, I think we'll see aggressive adoption of electric vehicles as those barriers come down," he said.

Share:
More In Technology
Tesla Earnings and Revenue Top Estimates in Q4
Although the auto industry is faced with chip shortages and supply chain woes, Tesla was still expected to report record earnings, and Elon Musk did not disappoint. Jon Rettinger, President of JFL Network, joins Cheddar News to discuss the company, the electric vehicle competition, and growth for the auto industry.
GameStop Meme Stock Home WallStreetBets Loses Momentum One Year Later
A year after the r/WallStreetBets community on Reddit drove GameStop and other meme stocks to unprecedented heights, the subreddit seems to be losing its luster among retail investors. Caitlin McCabe, markets and retail trading reporter from The Wall Street Journal, joined Cheddar to talk about the waning popularity of the group “Users are going on to find the next GameStop, and instead, they're seeing many of the new users who have joined the subreddit still talking about GameStop and AMC," McCabe noted. "And, they've become frustrated as they're ready to move on from those original meme stocks."
Microsoft Beats on Earnings as Cloud Services Soar
Tech titan Microsoft reported its second fiscal quarter of 2022 earnings on Tuesday, its first earnings report since announcing its plans to acquire gaming company Activision Blizzard in a multibillion dollar deal. Steve Larsen, co-founder of PlannerDAO, explains the role that cloud services played for Microsoft in the quarter and what the future may hold for Microsoft in the midst of the new acquisition.
How Vital Microsoft's Q2 Earnings Were to Wall Street
Microsoft is expected to report financial results for its second fiscal quarter of 2022. It comes after the company beat on its top and bottom line in its previous four quarters. John Freeman of CFRA Research explains what investors will be keeping an eye out for as Microsoft continues to expand its domain.
Load More