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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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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Electrek

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024.

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General Motors to recall all additional Bolt EVs, through MY 2022, for battery replacement; $1B cost

Green Car Congress

General Motors is voluntarily expanding the current Chevrolet Bolt EV recall ( earlier post ) to cover the remaining 2019 and all 2020-2022 model year vehicles, including the new Bolt EUV. GM will replace defective battery modules in Chevrolet Bolt EVs and EUVs with new modules, with an expected additional cost of approximately $1 billion.

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General Motors (GM) secures tentative deal with UAW, ending strike

Teslarati

General Motors (GM) and the United Auto Workers (UAW) union have reached a tentative agreement, ending a six-week strike that has cost the automaker billions of dollars in lost production. Spokespersons from GM and the UAW have yet to issue comments about the matter, however. billion over the deal’s term.

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Electric pickup startup Lordstown Motors goes public via SPAC; $1.6B transaction

Green Car Congress

Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercial fleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). billion transaction provides Lordstown Motors with $675 million of gross proceeds.

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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. —Seiji Kuraishi, executive vice president of Honda Motor Co.,

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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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