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

Baua Electric

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. court on Thursday showed.

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OneD, Koch Modular partner to scale up silicon-graphite EV anode materials – ET Auto

Baua Electric

General Motors is a OneD investor and customer. conglomerate Koch Industries, will design and build a silane gas plant to remove impurities from silicon for the factory where OneD will combine it with graphite to make silicon anode materials. .” Nanowires are ultra-thin wires. Koch Modular, minority-owned by U.S.

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Germany’s Vay launches remote-driven car service in Las Vegas – ET Auto

Baua Electric

General Motors’ Cruise autonomous vehicle unit has struggled in the face of regulatory scrutiny after an October accident in which a San Francisco woman was dragged by a car. .” Vay’s launch comes at a challenging time for autonomous vehicle developers.

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Auto supplier Adient cuts jobs, transfers roles in Europe to shave costs – ET Auto

Baua Electric

Adient supplies seats to some of Europe’s biggest automakers, including Stellantis, Renault, BMW, Mercedes Benz and Volkswagen , as well as American giants Ford and General Motors. The company’s sales suffered in the first quarter ended Dec. 31, as the UAW strikes affected production volumes in the United States.

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Waymo robotaxi to begin driverless services for employees in Austin – ET Auto

Baua Electric

Waymo is pulling ahead with its expansion plans at a time when its key rival Cruise, owned by General Motors, has suspended US operations in the wake of a pedestrian-dragging accident. Alphabet’s Waymo said on Tuesday it will begin driverless passenger services for its employees in Austin, Texas starting Wednesday.

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GM resumes sales, cuts price of Chevy Blazer EV after software issue – ET Auto

Baua Electric

General Motors said on Friday it is resuming sales and cutting the price of its Chevrolet Blazer EV after software quality issues prompted the largest U.S. Other automakers, including Ford Motor, have cut prices of EVs in recent months. automaker to halt deliveries in late December. 4, Honda Prologue and Cadillac Lyriq. .”

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Hertz CEO resigns amid Electric Vehicle fiasco – ET Auto

Baua Electric

Taking the reins is Gil West, former Chief Operating Officer of General Motors Co.’s The repercussions of Hertz’s EV misstep reverberated across the industry, with Sixt SE, a major European car rental company , opting to phase out Teslas entirely.

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