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Ex-Tesla exec joins General Motors’ Board: ‘GM & Mary Barra are marching towards an electric future’

Teslarati

General Motors (GM) recently welcomed former Tesla executive Jon McNeill to its Board of Directors. General Motors and Mary Barra are marching towards an electric future. Between 2015 and 2018, he served as Tesla’s President of Global Sales, Marketing, Government Relations, and Delivery & Service. .

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ICCT report finds US domestic EV production and investment continues to fall; only 5% of global EV investment to go to US EV assembly plants

Green Car Congress

The ICCT study finds that the United States’ share of cumulative global EV production decreased from 20% to 18% since 2010 and only 15% of the approximately $345 billion in global automaker EV investments are flowing to the US. Similarly, European manufacturing accounted for 25% of global EVs through 2020, up from 23% in 2017.

Global 397
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Li-ion battery-maker Farasis Energy raises $1B+ to accelerate global automotive battery manufacturing expansion

Green Car Congress

Farasis Energy, a global developer and manufacturer of lithium-ion cells, modules and large battery systems, recently completed C-round financing exceeding 1 Billion US dollars. The compay will use the capital raised to accelerate the expansion of its global automotive battery manufacturing infrastructure.

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GM and Honda jointly to develop two next-generation Honda EVs on GM platform and Ultium batteries

Green Car Congress

General Motors and Honda have agreed to develop jointly two all-new electric vehicles for Honda, based on GM’s highly flexible global EV platform powered by proprietary Ultium batteries. General Motors’ all-new modular platform and battery system, Ultium. Honda also joined GM’s battery module development efforts in 2018.

Honda 321
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GM to invest $2.2B at Detroit-Hamtramck to produce all-electric trucks and SUVs; GM’s first fully-dedicated EV plant

Green Car Congress

General Motors will invest $2.2 GM’s first all-electric truck will be a pickup with production scheduled to begin in late 2021. Since the fall of 2018, GM has committed to invest more than $2.5 Detroit-Hamtramck currently operates on one shift of production and builds the Cadillac CT6 and the Chevrolet Impala.

Detroit 365
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GM reaches 3M sales in China in 2014; planning 60 new or refreshed vehicles through 2018

Green Car Congress

General Motors and its joint ventures sold their 3 millionth vehicle in China in 2014. We plan to continue expanding our lineup of vehicles and services to suit the increasingly diverse market in China; we expect to launch 60 new or refreshed vehicles through 2018. on an annual basis to a record 2,872,501 units.

2014 231
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GM restructuring; changing product development, production; 5 NA & 2 international plants shutting next year; staff reduction

Green Car Congress

General Motors on Monday outlined a series of major restructuring steps that it said would accelerate its transformation for the future, building on the strategy it laid out in 2015 to strengthen its core business, to capitalize on the future of personal mobility and to drive significant cost efficiencies. Optimizing product portfolio.

GM 207