Remove Affordable Remove Auto Remove GM Remove Motoring
article thumbnail

Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. 305 $51,265 SE Dual Motor AWD 77.4 361 $43,656 SEL RWD 77.4

article thumbnail

GM Offering Reimbursement to Early Chevy Blazer EV Owners

The Truth About Cars

General Motors desperately needed its next-generation EVs to make a good impression. After announcing that Ultium-based EVs would not offer Apple CarPlay or Android Auto, GM issued a stop sale for the Chevy Blazer EV over software issues. The move away from Apple CarPlay and Android Auto is seen as somewhat of a cash grab.

GM 105
article thumbnail

GM and Microvast to develop specialized EV battery separator; new US separator facility

Green Car Congress

General Motors and battery manufacturer Microvast will work together to develop specialized EV battery separator technology and build a new separator plant in the US. GM will contribute its separator and coating technology to the collaboration with Microvast. This work will be supported by a $200-million grant from the U.S.

GM 210
article thumbnail

The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S. automotive groups have expressed concerns over the Seagull EV and other affordable mass-market EVs eventually coming to North America. BYD last year sold 1.57

article thumbnail

GM faces EV production constraints and Cruise accident effects in 2024

Teslarati

Ahead of the General Motors (GM) earnings call this week, the automaker has new union contracts and is expected to report around $10 billion in earnings. GM will report Q4 and FY 2023 earnings on Tuesday, and the company said in November it expected to earn almost $10 billion throughout 2023—despite around $1.1

GM 101
article thumbnail

Next-gen PHEVs, Nissan EV pickup, Tesla at 6M, GM and CATL: Today’s Car News

Baua Electric

GM is reportedly seeking a deal with CATL. As several executives suggested this past week at the New York Auto Show, they’re also a key to enable the next generation of 70-mile plug-in hybrids , as incentivized by California, without compromise. Now, GM reportedly seeks a similar deal with CATL.

PHEV 52
article thumbnail

GM becomes top automaker in the US, but its EV sales lag competitors

Teslarati

General Motors (GM) has announced its Q4 auto sales, showing that it has become the top automaker in the United States for 2022. As the company has become the largest auto seller in the United States, it has finally begun its electrification process with more gusto. Overall, GM brands sold a combined 2.2

GM 98