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GM’s Tesla NACS support spells trouble for Electrify America [Opinion]

Teslarati

General Motors’ (GM) support for Tesla’s North American Charging Standard (NACS) might be trouble for Electrify America. The theory is gaining some legs now that General Motors has decided to support the NACS. General Motors and Ford hold a significant market share of the United States auto industry.

America 145
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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

Cumulative electric vehicle sales and production from 2010 through 2020, in major regions (based on EV-Volumes, 2021). The research on electric vehicle uptake around the world is clear: electric vehicle manufacturing growth happens where there are strong national policies designed to spur the market forward. Source: The ICCT.

Global 397
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GM’s epically bad year still earned it $10 billion – but that’s not due to EV sales

Baua Electric

Still, CEO Mary Barra said that GM will “fully offset” those higher labor costs, with $2 billion worth of cuts part of the plan, meaning a lot of lost salaried jobs, reduced marketing spending, and “more efficient” manufacturing operation, according to Automotive News. of its total volume. Still, that’s a 93% bump from 2022.

Sale 52
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GM Shows Picture of New Chevrolet Agile for Mercosur Market

Green Car Congress

General Motors provided an image of the new Chevrolet Agile, a small car designed in Brazil and due to launch in that market in October. The Agile is targeted for emerging markets such as Brazil, Argentina, Paraguay and Uruguay (Mercosur). In 2008, it posted record annual sales (548,941 vehicles). The 2010 Agile.

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Survey: Dealers think Biden is moving too fast on EVs

Baua Electric

Dealers think the Biden administration’s EV policies are forcing the auto industry to move ahead of market demand, according to a new Automotive News survey. The rules haven’t been finalized, but that process could be completed as soon as March, the industry journal noted. car dealers and dealership managers.

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Hertz to Buy Cadillac Lyriqs and Chevy Silverado EVs to Bolster Electric Rental Fleet

The Truth About Cars

Car rental companies have long pledged to make the transition alongside their auto industry partners, and Hertz recently announced that it would be adding the Cadillac Lyriq and Chevy Silverado EV.& Automakers are going electric, which means that all the companies that rely on them will have to adapt.

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More auto plant shutdowns for COVID-19

Green Car Congress

billion in sales activity and generated $4.1 Tesla will suspend production at its Fremont plant on 23 March. On a smaller scale, in California, Tesla stimulated $5.5 billion in direct spending in the state in Fiscal Year 2017 alone.

Auto 199