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Tesla’s pay increase for employees revealed in internal documents: report

Teslarati

Tesla’s pay increase for employees in all of its gigafactories and offices in the US was recently revealed in internal documents. According to internal documents, Tesla increased factory workers’ pay from a minimum of $22 to $39 per hour. Below is a chart from Business Insider depicting each level and region.

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Chevy Equinox EV Outlined in China Trade Ministry Documents

The Truth About Cars

General Motors is gearing up for the release of several new EVs over the next few years, starting with the Chevrolet Equinox EV this fall. The Ministry’s documentation shows details of the Equinox EV’s exterior dimensions, which are slightly longer and taller than the Tesla Model Y.

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Automotive industry develops new guidance for measuring recycled content of automotive products

Green Car Congress

The Suppliers Partnership for the Environment (SP) and the Automotive Industry Action Group (AIAG) have published a new guidance document, “ Measuring Recycled Content of Automotive Products.”. —Reeshemah Howard, Sustainability Mission Leader, General Motors.

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Lordstown Motors Goes Bust

The Truth About Cars

On Tuesday, Lordstown Motors Corp. Former chief executive of Lordstown Motors, Steve Burns, managed to sell off every share of his stock before the company filed for Chapter 11. Meanwhile, the Lordstown Motors of today is on damage control with the business issuing a press release explaining the bankruptcy and what it intends to do.

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GM initiates ‘Voluntary Separation Program’ offering buyouts to employees

Teslarati

General Motors (GM) initiated a voluntary separation program (VSP), offering buyouts to employees who choose to leave the company. At the beginning of the year, General Motors shared its intention to implement a cost reduction program to reduce fixed costs by $2.0 billion on an annual run rate basis by 2024.

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Report: 50 years ago, GM and Ford understood climate change was an issue

Green Car Reports

General Motors and Ford knew about the possible impact of climate change as far back as 50 years ago, according to a new report from E&E News.

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GM, LG agree on USD 150 mn relief for Chevy Bolt EV owners over faulty batteries – ET Auto

Baua Electric

31, 2023 may receive up to USD 1,400, according to documents filed with Michigan eastern district court. General Motors and South Korea’s LG Energy Solution , LG Electronics reached a settlement to establish a USD 150 million fund to provide relief to Chevrolet Bolt EV owners affected by defective batteries , documents filed in a U.S.

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