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General Motors to produce zero-emission commercial vehicles

Teslarati

General Motors signed a joint development agreement with Autocar Industries, LLC, to produce zero-emission commercial vehicles. The new commercial vehicle will use GM’s HYDROTEC power cubes. As hinted by the name HYDROTEC, General Motors and Autocar’s partnership will utilize hydrogen fuel cells to produce commercial vehicles.

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General Motors increases EV investment by 75% through 2025

Teslarati

General Motors has increased its electric vehicle investment by 75%, from $20 billion to $35 billion through 2025, the company announced on Wednesday. kWh lead-acid battery in its earliest versions. ” The post General Motors increases EV investment by 75% through 2025 appeared first on TESLARATI.

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Study: EVs cannot succeed without developing parallel supercharging networks

Green Car Congress

Current EV business models are doomed unless manufacturers that have bet their futures on them, such as General Motors and VW, invest in or coordinate on a robust supercharger network. Other automakers are still playing a product game. Tesla has played the platform game. This advantage that Tesla has is not permanent.

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GM unveils the Chevrolet Silverado EV, coming in 2024

Teslarati

Chevrolet, a General Motors brand, unveiled the 2024 Chevrolet Silverado EV today, the all-electric version of the automaker’s best-selling pickup truck. In fact, it will definitely be an option for consumers who are looking to pick up their first battery-powered pickup.

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Tesla stock outlook soars to $1,300 per share, driven by Biden’s $10k EV tax credit

Teslarati

Tesla’s ( NASDAQ: TSLA ) stock price soared during Monday trading following the report of impressive Q1 2021 delivery and production numbers last Friday. The current EV tax credit amounts to $7,500 but could be reintroduced to apply to the automakers who have sold at least 200,000 battery-powered cars. Finance Live.

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Report: Lithium Americas Breaks Ground in Nevada Mining Operation

The Truth About Cars

However, it’s estimated to be another three years before refinement takes place and the materials can be adapted for use in battery powered products — including all-electric vehicles. General Motors is also tied up with the company via a $650 million equity investment.

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GM to boost EV and AV investments 75% to $35B through 2025; new battery plants

Green Car Congress

General Motors will increase its EV and AV investments from 2020 through 2025 to $35 billion, representing a 75% increase from its initial commitment announced prior to the pandemic. —GM Chair and CEO Mary Barra. The company now expects its first-half EBIT-adjusted will be between $8.5

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