article thumbnail

General Motors introduces omnichannel used car marketplace CarBravo

Green Car Congress

General Motors introduced CarBravo, a new marketplace for used vehicles. Customers can receive guaranteed online offers, from the industry standard Black Book, to buy their vehicles even if they do not purchase a vehicle through CarBravo. All CarBravo vehicles will be inspected and reconditioned to meet standards set by GM.

article thumbnail

Honda and General Motors sign MoU toward establishing a strategic alliance in North America

Green Car Congress

General Motors and Honda today signed a non-binding memorandum of understanding (MoU) following extensive preliminary discussions toward establishing a North American automotive alliance. —Mark Reuss, president of General Motors. R&D and connected services cooperation.

article thumbnail

Lithium-ion battery recycler ABTC expands operations and capacity with newly purchased facility

Green Car Congress

This rapid growth in demand has been further amplified with the passage of the “Inflation Reduction Act” (IRA) in the Fall of 2022, which includes mechanisms to incentivize electric vehicle manufacturers and consumers to purchase electric vehicles (EVs) that source battery metals from domestic manufacturers.

article thumbnail

General Motors to supply Hydrotec fuel cell systems to Nikola; backing off earlier agreement

Green Car Congress

General Motors Co. As part of that agreement, Nikola would utilize General Motors’ Ultium battery system and Hydrotec fuel cell technology, representing a key commercialization milestone for General Motors. The MoU replaces the previous agreement announced 8 September 2020. Earlier post.).

article thumbnail

General Motors to collaborate with EVgo, ChargePoint and Greenlots on EV charging network

Green Car Congress

General Motors will collaborate with EVgo, ChargePoint and Greenlots—three of the US’ leading electric vehicle (EV) charging networks—to enable access to the largest collective electric vehicle charging network in the United States, including more than 31,000 charging ports.

article thumbnail

New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

Under current law, consumers may receive a tax credit of up to $7,500 if they purchase an eligible electric vehicle. The Driving America Forward Act raises the cap and allows purchasers of an additional 400,000 vehicles per manufacturer to be eligible for the tax credit. ITC Holdings Corp.,

article thumbnail

General Motors plans to be carbon-neutral by 2040; eliminate LDV tailpipe emissions by 2035

Green Car Congress

While electric vehicles themselves do not emit tailpipe emissions, it is critical that they be charged with electricity generated from renewable sources such as wind and solar.