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. BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S.
Baua Electric
JANUARY 23, 2024
Major car suppliers in Germany say they are struggling with the high upfront costs of shifting to EVs and “slow demand,” with companies looking to lay off thousands of workers, as much as 20% of total staff in some cases, in the coming years. FTC: We use income earning auto affiliate links. Get started here.
Green Car Congress
AUGUST 16, 2012
GM China Advanced Technical Center’s Cell Fabrication Lab in Shanghai recently produced its first batch of battery cells. These systems are expected to be more affordable for GM customers around the world and help GM expand vehicle electrification. —John Du, Director of GM China’s China Science Lab.
Cars That Think
MARCH 18, 2022
No less an auto industry titan as Ford has also made bidirectional charging a selling point of their F-150 Lightning electric truck, reportedly slated to roll off the lines this year. GM produces the Chevy Volt and GMC Hummer EV and is preparing its 2023 launch of the Silverado EV.) No word yet on which EVs will take part. (GM
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. 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. billion last year.
Green Car Congress
JULY 6, 2009
The approval marks a necessary step toward the emergence of GM from bankruptcy; the US Treasury has said it would halt funding to GM if the asset sale was not concluded by 10 July. will change its name to General Motors Company and continue to operate under GM’s historic corporate and sub brands. The old GM: 10%.
Green Car Congress
MARCH 30, 2009
In a statement livecast on the Internet by the White House, President Barack Obama said that neither of the restructuring plans submitted by GM and Chrysler “ goes far enough to warrant substantial new investment. ”. The government will provide GM with “ adequate working capital ” for 60 more days to “ produce a better business plan ”.
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