GM’s EV company will purchase renewable energy credits from solar farms

GM’s self-driving electric vehicle company, Cruise, will purchase renewable energy credits from two California solar farms, the company announced this week.

The ‘Farm to Fleet’ initiative allows Cruise — which owns and operates its own EV charging infrastructure — to directly purchase renewable energy credits to power its fleet in San Francisco. In 2019, the company pledged to power its fleet with 100% renewable energy.

“Farm to Fleet is a vehicle to rapidly reduce urban transportation emissions while generating new revenue for California’s farmers leading in renewable energy,” the company said in a release.

Cruise initially partnered with Sundale Vineyards and Moonlight in Central California. Sundale has installed 2 megawatts of solar capacity onsite while Moonlight is equipped with a combined 3.9 megawatts of solar + storage.

President Biden set a goal of electric vehicles making up 50% of vehicles sold by 2030. Analysis by the policy think tank Third Way found that the U.S. will need more than 1 million additional electric vehicle charging stations to meet the expected demand.