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GM and Vacuumschmelze (VAC) to build a new magnet factory in US to support EV growth

Green Car Congress

GM and Vacuumschmelze (VAC) of Germany announced plans for VAC to build a plant in the US that will manufacture permanent magnets for the electric motors used in the GMC HUMMER EV, Cadillac LYRIQ, Chevrolet Silverado EV and more than a dozen other models using GM’s Ultium Platform. Magnets are at the heart of an EV motor.

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GM and Shell to offer renewable energy solutions to US homeowners, EV owners and suppliers; Texas first

Green Car Congress

General Motors and Shell, through its wholly owned subsidiary MP2 Energy, LLC, are collaborating to provide comprehensive energy solutions programs to GM’s customers and supply chain partners, including fixed-rate home energy plans backed by 100% renewable energy resources. of EV charging.

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General Motors requires workers to report in-person for EV development

Teslarati

General Motors updated CEO Mary Barra’s “Work Appropriately” policy, requiring workers to report in-person. Automotive News reported that General Motors now requires employees to physically work at its brick-and-mortar offices at least three days a week. GMC Hummer EV sports its massive size alongside full-size SUV.

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GM investing $650M in Lithium Americas; offtake agreement from Thacker Pass

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General Motors and Lithium Americas will jointly invest to develop the Thacker Pass mine in Nevada, which is the largest known source of lithium in the United States and the third-largest in the world. Earlier post.) Lithium carbonate from Thacker Pass will be used in GM’s proprietary Ultium battery cells.

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GM and MP Materials enter long-term supply agreement to scale rare earth magnet sourcing and production in US

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General Motors and MP Materials ( earlier post ) have formed a strategic collaboration to develop a fully integrated US supply chain for rare earth magnets. Neodymium-iron-boron (NdFeB) magnets are critical inputs that enable electric motors to transform electricity into motion.

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GM Prices CNG-Powered Chevrolet Express and GMC Savana Full-Size Vans; $15,190 for the CNG Option, $41,890 for the Complete Van

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The fully integrated and dedicated Compressed Natural Gas (CNG) option, available this fall for Chevrolet Express and GMC Savana full-size vans ( earlier post ), will be priced at $15,910 MSRP, according to GM. Pricing for the all-inclusive CNG option includes a dedicated CNG system ($14,590), a natural gas-capable Vortec 6.0L

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General Motors emphasizing faster electric vehicle launches after positive 2021 earnings

Teslarati

General Motors ( NYSE: GM ) is gearing up for a major shift in 2022 thanks to its evolving electric vehicle program, planning for record profit levels that could surge the company into a more well-rounded placement in an increasingly competitive sector. GMC Hummer EV sports its massive size alongside full-size SUV.