Electrek

APRIL 11, 2023

General Motors announced that GM Ventures is leading a $50 million Series B financing round in EnergyX – a company specializing in direct lithium extraction and refinery technologies. more… The post GM invests millions in EnergyX to unlock North American lithium supply via sustainable extraction appeared first on Electrek.

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Green Car Congress

NOVEMBER 3, 2020

billion transaction provides Lordstown Motors with $675 million of gross proceeds. In November 2019, the Lodstown Motors acquired the Lordstown Complex, formerly a General Motors Corporation (GM) factory. The design significantly increases reliability, maximizes performance, and reduces total cost of ownership.

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Motor Motors Motoring Fleet 321

Green Car Congress

APRIL 27, 2022

In December 2021, it received $930 million from Sichuan Energy Investment, Han’s Laser Technology, and others to expand the production facilities and R&D centers for its energy-dense and safe lithium iron phosphate batteries. China-based SVOLT manufactures lithium-ion batteries for EVs and energy storage.

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Lithium Ion Batteries Battery General Motors 195

Green Car Congress

JULY 15, 2021

General Motors and BrightDrop, a new business created and wholly owned by GM focused on electric commercial delivery and logistics, announced the Ultium Charge 360 fleet charging service, a comprehensive approach designed to help make the switch to electric seamless for fleet customers by connecting them with services, features and resources.

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Fleet GM Charging General Motors 210

Green Car Congress

FEBRUARY 2, 2021

Current EV business models are doomed unless manufacturers that have bet their futures on them, such as General Motors and VW, invest in or coordinate on a robust supercharger network. Other automakers are still playing a product game. Tesla has played the platform game. This advantage that Tesla has is not permanent.

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Teslarati

JANUARY 21, 2024

” The Stellantis CEO’s comments came amidst Ford’s announcement that it was scaling back production and trimming its workforce that is producing the F-150 Lightning. billion last year, as noted in a Yahoo Finance report. The EV efforts of America’s biggest auto players have taken notable hits.

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Green Car Congress

FEBRUARY 8, 2022

Soelect recently completed its $11-million Series A financing. Soelect says that it has developed a unique manufacturing process for its products that can be scaled up for mass production at low cost. Lotte Ventures teamed with GM Ventures and KTB Network to make the investment.

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Green Car Congress

SEPTEMBER 10, 2018

Farasis Energy, a global developer and manufacturer of lithium-ion cells, modules and large battery systems, recently completed C-round financing exceeding 1 Billion US dollars. Presently, Farasis has two production bases in China: Ganzhou and Zhenjiang. The Farasis Energy contract award, valued at $5.9

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Li-ion Manufacturer Global Batteries 239

Green Car Congress

MARCH 19, 2009

While the President’s Task Force on the Auto Industry continues to review restructuring plans submitted by General Motors and Chrysler, the US Department of the Treasury announced an Auto Supplier Support Program that will provide up to $5 billion in financing to US-based suppliers.

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Green Car Congress

JANUARY 19, 2018

In this latest report, General Motors (GM) and Waymo are effectively in a dead heat on the technology front; both companies are on the verge of having production ready AVs suitable for mobility services. Production Strategy. Product Capability. Product Quality and Reliability. Product Portfolio.

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Baua Electric

JANUARY 16, 2024

A dealer bulletin shows that all versions of the 2024 Ioniq 6 are eligible for $7,500 in “retail bonus cash”—a rebate that can essentially be applied only to purchases, and not with Hyundai’s current low-interest financing, CarsDirect notes. and starts at $40,380 including destination.

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Hyundai Highlander Tax Credit Tesla 52

Teslarati

MAY 6, 2023

However, that success was briefly interrupted recently with a nearly 5-week-long streak of losses, which Yahoo Finance reports would have been a record for the company since 2021, if not for a solid rebound on Friday. Ford Motor Co. Looking forward, many investors wonder if the stock can continue its 5-month trend. .”

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China Sale Tesla General Motors 99

Green Car Congress

JANUARY 16, 2017

General Motors will launch 18 new and refreshed models this year to achieve continued growth in the company’s largest retail market. The products are expected to build on GM’s 2016 sales record of 3.87 Half of the models to be introduced in 2017 under the Buick, Chevrolet, Cadillac, Baojun and Wuling brands will be SUVs or MPVs.

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The Truth About Cars

SEPTEMBER 29, 2023

This week’s targets include Ford’s Chicago Assembly Plant, responsible for the Explorer and Lincoln Aviator, and General Motors’ Lansing Delta Township Assembly, responsible for the Chevrolet Traverse and Buick Enclave.& The United Auto Workers (UAW) has decided to broaden its strike on Friday.

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Teslarati

NOVEMBER 28, 2023

General Motors (GM) is expected to announce significant spending cuts on its self-driving unit Cruise this week, following a series of bad news for the subsidiary after an incident with one of its robotaxis last month.

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Green Car Congress

MARCH 4, 2017

Maven, General Motors’ personal mobility brand, has expanded its offerings to include a new monthly service, Maven Reserve. Members can access popular GM vehicles for an extended time period without the commitment of leasing, financing or buying. and Waterloo, Ontario, Canada.

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Green Car Congress

DECEMBER 4, 2009

They are growing their presence outside mainland China with the launch of an investment joint venture in Hong Kong and a new joint venture for the production and sale of Chevrolet brand vehicles in India. These products will join GM’s global vehicles, allowing GM India to quickly add entries in growing market segments. Source: GM.

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Green Car Congress

AUGUST 29, 2016

NOHMs), a Cornell University spin-out founded in 2010, raised $5 million in Series B venture capital financing to commercialize its non-flammable electric vehicle (EV) battery electrolyte technology. The two electrolyte product lines currently under development for electric vehicle (EV) batteries are: NanoLyte Electrolyte: SF Series.

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Commercial Lithium Ion Batteries Battery 150

Teslarati

AUGUST 22, 2022

While General Motors has also made strides toward transitioning to EVs, Ford has been more consistent in terms of ramping production and scaling its products. These bonds were sold to help fund and finance new and existing green projects. Ford sold 1.75 Ford was down 4.88 a share at 11:48 a.m. in New York.

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Green Car Congress

SEPTEMBER 10, 2009

Ending what had extended into a longer-than-expected process of deliberation and negotiations, the Board of General Motors announced its support for a bid from the consortium of Magna International Inc. and Sberbank to buy a majority stake in its European Opel/Vauxhall operations.

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Teslarati

JULY 27, 2022

Conversations regarding the potential elimination of these subsidies continued into late last month when German Finance Minister Christian Lindner said it may be time to eliminate the programs. Early on, subsidy programs are a great way for new products to gain substantial momentum and encourage customers to purchase them.

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Germany Climate Protection Purchase Climate 91

Green Car Congress

AUGUST 6, 2012

General Motors Ventures LLC has invested in NanoSteel Company, a developer of proprietary nano-structured steel material. GM Ventures joined lead shareholders EnerTech Capital and Fairhaven Capital Partners and five existing investors to complete the Series C financing round. Click to enlarge. —Daniel Branagan, Ph.D.,

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The Truth About Cars

SEPTEMBER 21, 2023

From Automotive News : In turn, Tier 1 suppliers often have been unable to provide appropriate levels of relief to their Tier 2 suppliers, whose finances have been hit even harder in recent years, creating a situation where the entire supply chain is on edge because of the strike despite sky-high automaker profits, experts said.

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Teslarati

APRIL 19, 2021

Information regarding this small but impressive electric car that is a part of an SAIC, General Motors, and Wuling joint venture is vague and usually hard to come by. This car, however, is far from standard and is an economical EV made for short trips, tight finances, and efficiency. Production of the HongGuang Mini EV.

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China Golf Cart General Motors Tesla 145

Baua Electric

MARCH 15, 2024

billion) into a financing facility to support exports. A third of the company’s product went to the country in 2022, overtaking the US for the first time. Offtake agreements, such as the ones General Motors Co. There’s just one problem with all these plans: They’re coming nearly a decade too late. Pilbara Minerals Ltd.,

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China Supplies Auto Chile 52

Green Car Congress

JULY 27, 2016

Broad-Ocean produces more than 50 million motors annually for customers on 5 continents, including King Long, Yutong, Van Hool, BAE Systems, SAIC Motor, FAW, Dongfeng, General Motors, Ford, Volvo, Fiat, TATA, Cummins, Caterpillar, Carrier, Trane, Daikin, Goodman, Gree and Midea.

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Cars That Think

AUGUST 30, 2022

the parent company of Consolidated Controls), to finance the development of Devol’s invention. General Motors was the first company to bite. On a fateful day in 1961, the Unimate pictured at top took its place on the assembly line of General Motors’ Ternstedt plant, in Trenton, N.J.

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General Motors Japan GM Industrial 77

Teslarati

AUGUST 14, 2022

million shares in General Motors. Ford has also increased EV production and saw a 76.6% The management fund also added investments in Ford, Uber, and Twitter while adding to existing states in Lucid and Nio. Earlier this year, Soros sold his 1.26 in 2021 compared with Tesla’s 930,422 EVs produced and 936,172 EVs delivered.

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Green Car Congress

SEPTEMBER 20, 2011

SAIC Motor Corp., SAIC) Chairman Hu Maoyuan and General Motors Co. (GM) Product details and timing will be announced at a later date. The partners said it will ensure local input in the development of electric vehicle technology and the delivery of products developed in China. Earlier post.).

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Teslarati

NOVEMBER 9, 2021

Such a valuation is ambitious , as it would make Rivian’s market cap just a bit lower than veterans such as General Motors ($84.82 billion) and Ford Motor Company ($79.65 It would also overtake longtime players in the auto segment, such as Japanese carmakers Honda Motor Co., The Finances So Far.

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Aston Martin Legal Financing SUV 126

Green Car Congress

JUNE 5, 2009

General Motors Corp. GM would continue production, on a contract basis, of the Saturn Aura, Vue and Outlook. and Penske Automotive Group confirmed details of a proposed transaction under which Penske would acquire the Saturn brand. Earlier post.) ( Earlier post.)

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Saturn Puerto Rico Buy VUE 150

Green Car Congress

MARCH 31, 2009

General Motors announced the most comprehensive customer protection in the industry with “GM Total Confidence”. Once a buyer is halfway through a finance contract, he or she qualifies for “Vehicle Value Protection.” This helps protect customers against uncertainty in the future used car market.

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GM General Motors Financing Dealers 150

Green Car Congress

JUNE 27, 2009

General Motors selected its assembly plant in Orion Township, Mich. Troy Clarke, president of General Motors North America. A selection team comprising leaders from several of GM’s functional areas, including manufacturing, labor relations and finance, made the final decision based on a specific set of criteria.

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Green Car Congress

DECEMBER 19, 2014

Fields said that Ford’s investments in products, people, plants and technology, combined with industry growth, are not only delivering a year of growth in terms of revenue, pricing power, operating margins and profitability in 2014, but are setting the stage for growth in and beyond 2015. Power and General Motors.

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Green Car Congress

FEBRUARY 19, 2014

Reinforcing PSA Peugeot Citroën’s competitive positioning in Europe, in particular through accelerating PSA Peugeot Citroën’s development via the financing of a program of strategic investments and strengthening its balance sheet and liquidity. Capital increase. billion by 2018, shared equally by the two partners.

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Industrial Industry Motor Motors 236

EV Adoption

FEBRUARY 7, 2021

In particular, we often see production delays and reduced volumes from what the market was initially led to believe and what may often be well below actual consumer demand. GM Stock Chart: Yahoo Finance. The key to volume production of electric vehicles is the supply of battery packs. in the last 12 months and 223.9%

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Cars That Think

AUGUST 3, 2021

Pixar's story doesn't even start with the creation of Lucasfilm's Computer Graphics Group, which developed the Pixar Image Computer, the company's first product. But we almost closed a joint deal with two vast corporations, General Motors and Philips. And we thought we had an exciting product in the Pixar Image Computer.

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