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General Motors does not rule out the sale of cars for bitcoin

General Motors CEO Mary Barra admitted that the carmaker will start accepting payments in the first cryptocurrency upon request from customers. He stated this in an interview with CNBC, writes Forklog.

“Nothing prevents us from doing this. We will be guided by our clients, ”she said.

The automaker is committed to making the acquisition and ownership process “as simple as possible” for its customers, she said.


General Motors plans to move to 100% electric vehicles in its model line by 2035. See also: Tesla is now available for purchase with Bitcoin. Musk announced the start of car sales

In March 2021, electric car maker Tesla began selling cars for the first cryptocurrency.

Already in May, the company suspended accepting bitcoin due to concerns about the environmental friendliness of mining.

In June, Tesla CEO Elon Musk said that the resumption of work with cryptocurrency is possible if the share of renewable energy in the consumption of miners reaches approximately 50% with a positive trend.

Also Read:

Recall that earlier, General Motors, together with BMW, Ford, Renault and Honda, tested a blockchain-based identification and payment system for cars.

Edmund Hurtt
Edmund Hurtt
Edmund is an accomplished writer whose diverse portfolio spans across various genres and subjects. With a keen eye for detail and a passion for storytelling, he effortlessly navigates through the realms of fiction, non-fiction, and journalistic pieces. As a regular contributor to City Telegraph, Edmund continues to challenge boundaries and expand horizons.

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