Teslarati

APRIL 5, 2022

General Motors and Honda have announced a new partnership to develop affordable electric vehicles based on a global platform. “GM “This is a key step to deliver on our commitment to achieve carbon neutrality in our global products and operations by 2040 and eliminate tailpipe emissions from light-duty vehicles in the U.S.

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Green Car Congress

SEPTEMBER 8, 2020

Nikola Corporation and General Motors Co. announced a strategic partnership that begins with the Nikola Badger and carries cost reductions through Nikola’s programs, including: Nikola Badger, Nikola Tre, Nikola One, Nikola Two and NZT. General Motors is one of the top engineering and manufacturing companies in the world.

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Teslarati

JUNE 12, 2023

It would be a pretty interesting twist of fate, but Tesla’s next-generation vehicle might find itself competing in the market with a vehicle that was once considered a rival to the Model 3. As per recent comments from General Motors CEO Mary Barra, the practical Chevy Bolt EV may make a comeback as an Ultium-based EV.

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Green Car Congress

AUGUST 17, 2023

General Motors is leading a $60-million Series B financing round in Mitra Chem , a Silicon Valley-based, AI-enabled battery materials innovator. Mitra seeks to maintain the cost advantage of iron-based materials while improving the energy density. Mitra Chem’s labs, methods and talent will fit well with our own R&D team’s work.

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Teslarati

APRIL 19, 2024

The electric vehicle (EV) car maker explained that the second round of job cuts will reduce costs during a slowdown in EV demand. In February, Rivian laid off 10% of its salaried workers, explaining that it was optimizing cost efficiencies. Earlier this week, Rivian announced plans to lay off 1% of its workforce.

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Green Car Congress

JUNE 3, 2023

General Motors and POSCO Future M announced the second phase of their Ultium CAM joint venture, an investment projected to exceed US$1 billion to increase production capacity of cathode active materials (CAM) in North America and integrate precursor materials production. Site selection will be announced later.

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Teslarati

MARCH 4, 2023

Ford has announced a massive EV production ramp for this year, leveraging its head start compared to its traditional rivals. Now Ford has announced its newest EV production ram, hoping to ensure its lead remains as more competitors enter the market in the coming years.

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Teslarati

JANUARY 21, 2024

” The Stellantis CEO’s comments came amidst Ford’s announcement that it was scaling back production and trimming its workforce that is producing the F-150 Lightning. Elon Musk, for his part, has stated that Tesla would likely need to keep lowering its prices to ensure that customers could afford its vehicles.

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Green Car Congress

MARCH 5, 2020

At an event in the GM Tech Center campus in Warren, Michigan, General Motors unveiled the core of its new strategy to grow the company’s EV sales quickly, efficiently and profitably. Photo by Steve Fecht for General Motors). GM claims that the first generation of its future EV program will be profitable.

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Teslarati

MARCH 19, 2024

Of all the legacy automakers that have made a truly dedicated effort to transition to EVs, Ford and General Motors are arguably the most committed. During its most recent earnings call, the company said it would slow down production of some of its EVs, including the F-150 Lightning. Don’t hesitate to contact us with tips!

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The Truth About Cars

APRIL 16, 2024

Stellantis CEO Carlos Tavares’ pay increase has annoyed a subset of shareholders as the automaker positions itself for more layoffs and attempts to shift the production of electric vehicles to countries where labor is cheaper. Making the matter worse is Stellantis refusing to adhere to suppliers demanding inflationary cost relief.

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Teslarati

MARCH 24, 2024

market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. automotive groups have expressed concerns over the Seagull EV and other affordable mass-market EVs eventually coming to North America. auto market anytime soon , some U.S.

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Green Car Congress

NOVEMBER 10, 2021

Dr. Burns is the former Corporate Vice President of Research & Development and Planning at General Motors ( earlier post ). in Mechanical Engineering from General Motors Institute (now Kettering University), an M.S. He has also advised numerous companies—including Google Self-Driving Cars/Waymo for over a decade.

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Teslarati

OCTOBER 5, 2021

General Motors is going all-in on its electric vehicle investment. ” Ultimately, the goal is to reduce the cost of electric vehicle cells by at least 60 percent, all hinged on the development of GM’s Ultium battery. The Wallace Center could be completed as soon as mid-2022, the company said.

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Teslarati

NOVEMBER 9, 2023

market that will cost less than $35,000, and it plans to launch it within the next 3-4 years. Many automakers are attempting to offer EVs that are widely affordable and will not break the bank for those who are interested. a more affordable EV option for consumers will perhaps help to surge sales and demand. In the U.S.,

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Teslarati

AUGUST 2, 2022

But while companies like Tesla and General Motors are definitely celebrating, electric truck maker Rivian is not. Carmakers like Tesla, General Motors, and more recently, Toyota, have passed this milestone. . This is due to the bill’s incentives applying only to electric cars that cost $80,000 or less.

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Baua Electric

JANUARY 17, 2024

The two companies will announce the location for the factory, which should cost a “few hundred million dollars” in the near future, CEO Vincent Pluvinage told Reuters. The company says the process also saves money for automakers seeking affordable EV models. General Motors is a OneD investor and customer.

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The Truth About Cars

OCTOBER 24, 2023

Just one day after the UAW went on strike at Stellantis’ pickup factory in Sterling Heights , roughly 5,000 union members walked off the line at General Motors’ plant in Arlington, Texas. & Domestic automakers have enjoyed record-setting profits in recent years after culling small, affordable models from their lineups.

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The Truth About Cars

JUNE 5, 2023

The appearance package costs between five and six grand when added to most versions of the Camaro and a whopping $14,995 if you were hoping to get a supercharged ZL1 — which is limited to just 350 examples.& liter V6, meaning the most affordable version of the car should retail at around $33,000.& liter inline-four base engine.

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Baua Electric

JANUARY 30, 2024

GM released its annual forecast with fresh clarity, it says, about labor costs after the ink has dried on new union contracts in North America. Plus it has outlined its upcoming EV strategy, and how it plans to hurdle the fallout from Cruise , which already cost the company $2.7 billion last year. Cruise is facing a potential $1.5

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Baua Electric

FEBRUARY 8, 2024

General Motors has hired former Tesla battery-development boss Kurt Kelty as its new vice president of batteries. ” GM’s production ramp on its Ultium-powered EVs has been going very slowly , reportedly due to supply of batteries.

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Baua Electric

MARCH 28, 2024

General Motors (GM) is reportedly in talks with battery giant CATL to license its cheaper LFP battery tech. After software glitches, freight delays, and other issues caused GM to miss its EV sales target in 2023, the company believes “production hell” is behind it. FTC: We use income earning auto affiliate links.

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Green Car Congress

OCTOBER 6, 2021

General Motors announced the Wallace Battery Cell Innovation Center, an all-new facility that will significantly expand the company's battery technology operations and accelerate development and commercialization of longer range, more affordable electric vehicle batteries.

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The Truth About Cars

SEPTEMBER 29, 2023

This week’s targets include Ford’s Chicago Assembly Plant, responsible for the Explorer and Lincoln Aviator, and General Motors’ Lansing Delta Township Assembly, responsible for the Chevrolet Traverse and Buick Enclave.& The United Auto Workers (UAW) has decided to broaden its strike on Friday.

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Teslarati

JUNE 1, 2022

General Motors-owned Chevrolet rolled back prices of the new model year versions of the Bolt EV and EUV by $5,900 and $6,300, respectively, despite electric vehicle costs increasing due to materials and parts shortages. As we’ve said, affordability has always been a priority for these vehicles.”.

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Teslarati

JUNE 17, 2022

General Motors said earlier today it would increase the price of its Hummer EV, manufactured under the GMC brand, by $6,250. Increased fueling costs are driving the shipment of vehicle parts up considerably, contributing to increased vehicle prices across the sector. Price hikes are effective starting this Saturday.

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Hummer GM Price GMC 75

Green Car Congress

FEBRUARY 26, 2013

USAMP, a collaborative organization of Chrysler Group LLC, Ford Motor Company and General Motors, will work in cooperation with the A/SP on the project to demonstrate the applicability of ICME for the development and deployment of 3GAHSS for passenger vehicle weight reduction. and General Motors Co. Earlier post.).

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Green Car Congress

OCTOBER 4, 2021

Xcel Energy has launched a new pilot for customers of five major automakers to make it easier for consumers to make the switch to electric vehicles in Colorado and to charge their EVs at times when renewable energy production is high and demand on the energy grid is low. Costs for purchasing an eligible Level 2 charger can also be included.

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Green Car Congress

JUNE 4, 2018

Early in May major automakers, startups, technology companies and others came together to launch, MOBI, the Mobility Open Blockchain Initiative, to explore blockchain for use in a new digital mobility ecosystem that could make transportation safer, more affordable, and more widely accessible.

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Teslarati

JANUARY 13, 2023

billion battery production joint venture, which will be built in Ohio over the coming two years. Still, the overall cost before production can begin is expected to reach $4.4 The plant will have a production capacity of 40GWh, and Honda plans to finish construction in mid-2024, with full production slated for 2025.

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Baua Electric

APRIL 4, 2024

Ford is pushing back EV production at its Oakville, Ontario, plant as it shifts to expand its hybrid lineup. The American automaker sold 20,233 EVs in Q1 2024, topping rival General Motors with 16,425 electric cars delivered. Rivian’s R1S was the seventh best-selling EV in the US last year as the company scales production.

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Green Car Congress

JUNE 23, 2016

General Motors, the Office of Naval Research and the US Naval Research Laboratory are cooperating to incorporate automotive hydrogen fuel cell systems into the next generation of Navy unmanned undersea vehicles, or UUVs. Lower cost is achievable through volume production. Click to enlarge.

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Teslarati

JUNE 27, 2022

Tesla China roars back with 212% month-over-month production increase in May. the vast majority of the EVs that were sold were affordable. This should give hope to many consumers outside of China that it may be possible for low-cost EVs to expand to outside of China. In even more defiance to trends seen here in the U.S.,

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Green Car Congress

AUGUST 16, 2012

General Motors China is fabricating and testing prototype battery cells and complete systems at its Advanced Technical Center in Shanghai to support GM researchers and engineers in the development of next-generation vehicle battery systems. Click to enlarge. —John Du, Director of GM China’s China Science Lab.

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GM China Batteries Battery 252

Green Car Congress

APRIL 21, 2016

NanoSteel, a leader in nanostructured steel materials ( earlier post ), announced the delivery of its first advanced high-strength steel (AHSS) to General Motors for initial testing. In 2015, AK Steel announced a $29-million project to enable production of the next-generation AHSS. Earlier post.).

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The Truth About Cars

SEPTEMBER 21, 2023

According to a report from Automotive News , suppliers have been under intense financial pressure from the automakers prioritizing just-in-time manufacturing, rolling component shortages, a lopsided labor market, and increasingly high material costs. This also means there will be a lull before production ramps back up and staff is rehired.

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The Truth About Cars

AUGUST 3, 2023

While demands were initially left vague, the UAW has since shared a series of specific proposals to be brought forward during contract negotiations with Ford, General Motors, and Stellantis. Fain has insisted the automakers can afford the union's demands, pointing to their collective $250 billion in profits over the past 10 years.

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