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GM takes 25% stake in Pure Watercraft to accelerate all-electric boating

Green Car Congress

GM has acquired a 25% ownership stake in Pure Watercraft , a Seattle-based company that specializes in creating all-electric boating solutions. The Pure Outboard system includes a 25kW electric outboard motor with power tilt/trim (112 lbs); one or more 8.85

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GM taps former Tesla battery expert to help it deliver low-cost EVs at scale

Electrek

As GM looks to deliver on its promise of EVs for everyone, the automaker is recruiting talent from the best. GM announced Thursday that it has hired Kurt Kelty, former Tesla executive and recognized battery expert, as it aims to launch low-cost EVs.

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GM bets silicon anode will boost battery range, lower cost

Green Car Reports

OneD is developing s silicon anode cell chemistry that could increase battery energy density, enabling more range at lower cost, GM said in a press release. General Motors on Thursday announced a partnership with startup OneD Battery Sciences, regarding the potential development of a more efficient chemistry for EV battery cells.

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Stellantis says UAW strikes cost it less than GM, Ford

Teslarati

The United Auto Workers (UAW) reached tentative contracts with each of the “Big Three” automakers over the past week, just as earnings reports from Ford and General Motors (GM) highlighted the financial damage done by the six-week strikes. Ford said that strikes cost the automaker $1.3 Ford said that strikes cost the automaker $1.3

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GM reveals new Ultium Drive EV motors designed and developed in-house with GM propulsion software

Green Car Congress

At the 2021 Mackinac Policy Conference, General Motors President Mark Reuss revealed GM’s group of three all-new motors that will power its Ultium-based EVs. Designed by GM, the 180kW front-drive motor, 255kW rear- and front-drive motor and 62kW all-wheel drive assist motor are part of Ultium Drive.

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LG will reimburse GM for Bolt EV recall costs and expenses; $1.9B recovery

Green Car Congress

will reimburse GM for costs and expenses associated with the recall of Chevrolet Bolt EVs and EUVs due to manufacturing defects in battery modules supplied by LG. As a result of the agreement, GM will recognize an estimated recovery in its third-quarter earnings that will offset $1.9 Earlier post.). billion of $2.0

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GM's Cruise Laying Off Hundreds to Slash Costs

The Truth About Cars

Cruise already fired its chief operating officer and eight other executives earlier this week and has talked for a while about reducing its operational costs, so the layoffs aren’t entirely unexpected.

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