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CATL to license LFP battery tech to General Motors

Teslarati

CATL (Contemporary Amperex Technology Co Ltd) is negotiating with General Motors (GM) to license its LFP (lithium iron phosphate) battery technology. Based on local reports in China, negotiations between CATL and General Motors are just starting. Last year, Ford announced plans to build a $3.5

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Stellantis has cut 400 salaried engineering, tech, and software positions

Teslarati

In a statement on Friday, Stellantis said it was laying off roughly 2 percent of its jobs in engineering, tech, and software, largely due to “unprecedented uncertainties and heightened competitive pressures around the world,” along with “rigorous organizational reviews” (via Automotive News ). by the same year.

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GM in talks with CATL to license cheaper LFP EV battery tech and joint North American plant

Baua Electric

General Motors (GM) is reportedly in talks with battery giant CATL to license its cheaper LFP battery tech. After software glitches, freight delays, and other issues caused GM to miss its EV sales target in 2023, the company believes “production hell” is behind it. Ford announced a $3.5 Ford announced a $3.5

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George Soros buys Tesla ($TSLA) and other tech stocks

Teslarati

According to a Friday filing with the Securities and Exchange Commission , George Soros increased his investments in several tech stocks. The management fund also added investments in Ford, Uber, and Twitter while adding to existing states in Lucid and Nio. million shares in General Motors.

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GMC introduces 2022 HUMMER EV Edition 1; powered by all-new Ultium battery tech

Green Car Congress

It will be the first fully electric addition to GMC’s lineup, driven by next-generation EV propulsion technology that enables off-road capability, on-road performance and an immersive driving experience. Production begins in late 2021, at GM’s Factory ZERO Detroit-Hamtramck Assembly Center. inch diagonal infotainment screen and 12.3-inch

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Ford has a GMC Hummer EV at its Detroit headquarters: a hint of what’s ahead?

Teslarati

General Motors’ GMC Hummer EV has been spotted outside Ford headquarters in Michigan. According to The Drive , a GMC Hummer EV pickup was spotted just outside Ford’s Detroit headquarters. The company could be looking at GM’s Ultium battery tech or possibly benchmarking the vehicle against its technology.

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Ford delays electric three-row SUV with new EV pickup arriving in 2026

Baua Electric

Ford electric Explorer SUV (Source: Ford) After EV sales picked up in the first quarter, Ford is scaling back as it delays plans to launch its new three-row electric SUV. Ford is pushing back EV production at its Oakville, Ontario, plant as it shifts to expand its hybrid lineup.

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