Teslarati

JANUARY 29, 2024

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

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Baua Electric

JULY 23, 2024

After beating top and bottom line estimates in the second quarter, General Motors (GM) raised FY guidance for 2024. With “encouraging” early sales results in Q2, GM is preparing “to unleash the next cycle of EV growth.” GM raised 2024 guidance for the second time this year after posting record Q2 revenue and North American profits.

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Baua Electric

JULY 23, 2024

After beating top and bottom line estimates in the second quarter, General Motors (GM) raised FY guidance for 2024. With “encouraging” early sales results in Q2, GM is preparing “to unleash the next cycle of EV growth.” GM raised 2024 guidance for the second time this year after posting record Q2 revenue and North American profits.

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Baua Electric

JUNE 11, 2024

On Tuesday, CFO Paul Jacobson announced GM aims to build 200K to 250K EVs in 2024, down from its previous target of 200K to 300K, citing slower-than-expected EV demand in the US. At the Deutsche Bank Global Auto Industry Conference Tuesday, Jacobson said GM will continue to produce cars based on demand.

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Teslarati

JANUARY 4, 2023

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

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Baua Electric

JULY 2, 2024

GM broke Q2 and first-half EV sales records with new models like the Chevy Blazer and Equinox EVs hitting the market. However, GM’s new electric cars were not the only ones driving growth, as sales of the Cadillac Lyriq and GMC Hummer EVs also surged. GM delivered 21,930 EVs in the second quarter of 2024, up 34% from Q1.

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Baua Electric

MARCH 14, 2024

For the first time, Volkswagen announced it aims to start producing its most affordable ID.1 1 will offer “affordable electric mobility for everyone,” VW brand leader Thomas Shafer said Thursday. 1 and the vehicle is planned for 2027,” Shafer confirmed during VW’s annual press conference Thursday. The $20K Volkswagen ID.1

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Baua Electric

JANUARY 15, 2024

Honda built its original reputation around affordable small cars like its Civic. It might take a technology breakthrough, like solid-state battery tech, before Honda sees a small, affordable car as making sense—late in the decade. Yet decades on, segueing into an era of EVs, it has no battery-electric equivalent to the Civic.

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Baua Electric

APRIL 1, 2024

GM is reportedly seeking a deal with CATL. More energy-dense batteries coming in the near future aren’t just destined for fully electric vehicles. More energy-dense batteries coming in the near future aren’t just destined for fully electric vehicles. Now, GM reportedly seeks a similar deal with CATL.

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CleanTechnica EVs

MARCH 13, 2023

The SAIC-GM-Wuling (SGMW) Joint Venture has a factory in Indonesia that assembles the Wuling Air. The Wuling Air has two options for the electric motor, rated at 30 kW and 50 kW, as well as two options for the battery, a 26.5 The Wuling Air EV is assembled at the […]

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Baua Electric

JUNE 24, 2024

The tailwind comes as the South Korean automakers are launching affordable EVs in key global markets, including the US. According to Goldman Sachs (via Wall Street Journal ), Hyundai sold over 800,000 vehicles, accounting for over 10% of the US market. FTC: We use income earning auto affiliate links.

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Teslarati

JANUARY 21, 2023

General Motors (GM) avoided producing an all-electric Chevrolet Corvette for its most recent model year, instead opting for a hybrid drivetrain due to performance, cost, pedigree, and more concerns. Designing a next-generation model of a long-lasting nameplate vehicle is not easy.

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Baua Electric

MAY 13, 2024

Chevy Malibu production will end later this year as GM prepares to launch new EVs, including the highly anticipated new Bolt EV. Production of the current Chevy Bolt EV , GM’s top-selling electric car, ended at the end of 2023 as the automaker prepares for its next wave of EVs. in Q4 2022 and 8.4% a year ago.

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Green Car Congress

APRIL 24, 2012

concept at Auto China 2012 today. —Kevin Wale, president and managing director of the GM China Group. The original EN-V (Electric Networked-Vehicle) concept was a centerpiece of the SAIC-GM Pavilion at World Expo 2010 Shanghai. GM expects to use EN-V 2.0 Earlier post.). The EN-V 2.0 The EN-V 2.0 The EN-V 2.0

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Green Car Congress

AUGUST 16, 2012

GM China Advanced Technical Center’s Cell Fabrication Lab in Shanghai recently produced its first batch of battery cells. These systems are expected to be more affordable for GM customers around the world and help GM expand vehicle electrification. —John Du, Director of GM China’s China Science Lab.

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Baua Electric

FEBRUARY 8, 2024

In this newly-created position, Kelty will be tasked with bringing together GM’s development resources “to more quickly deliver profitable, lower-cost, higher performing electric vehicles to customers at scale,” and will report directly to GM president Mark Reuss, the automaker said in a press release.

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Teslarati

JANUARY 8, 2024

Kia revealed its plans to release an all-new modular vehicle at CES 2024. The South Korean automaker plans to go “Beyond Mobility” with its future Platform Beyond Vehicle (PBV) strategy. The Kia Concept PV5 is a modular van based on videos of the vehicle. At CES 2024, the automaker presented the Kia Concept PV5.

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Baua Electric

APRIL 23, 2024

After losing EV market share in the US in the first three months of 2024, GM believes it can turn things around. GM expects new models like the Chevy Equinox EV and improved battery production will help regain EV market share in the second half of the year. With Chevy Bolt EV sales down 64% to just 7,040, GM lost market share from Q4.

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Baua Electric

APRIL 23, 2024

After losing EV market share in the US in the first three months of 2024, GM believes it can turn things around. GM expects new models like the Chevy Equinox EV and improved battery production will help regain EV market share in the second half of the year. With Chevy Bolt EV sales down 64% to just 7,040, GM lost market share from Q4.

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The Truth About Cars

OCTOBER 24, 2023

While that’s down 7 percent from the previous year, leadership said it felt confident about strong vehicle demand and pricing that would ensure desirable margins. Accepting unsustainably high costs would put our future and GM team member jobs at risk, and jeopardizing our future is something I will not do,” the CEO said.&

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Teslarati

JUNE 10, 2024

General Motors (GM) is employing the help of Costco to help sell its EVs to reverse a trend of lagging sales in what is probably the most unlikely partnership one could ever expect. The vehicles will be sold through Costco’s member-only Auto Program. EV offerings. I’d love to hear from you!

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Baua Electric

AUGUST 9, 2024

With electric vehicle prices down, this summer may be the time to buy. Ford, GM, Hyundai, Kia, Rivian, Volkswagen, Honda, Toyota, and several others have all slashed lease EV prices this year. For example, the 2024 Hyundai IONIQ 5 SEL (with up to 303 miles range) is cheaper to lease than the Venue, its most affordable SUV.

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Baua Electric

JULY 6, 2023

light-vehicle gross sales surged 19 % in the second one quarter as all 4 of its manufacturers posted double-digit positive factors. It used to be the fourth consecutive quarter of retail marketplace percentage enlargement for GM, which is on week to be the family’s Deny. Basic Motors’ U.S. Do you know?

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Baua Electric

FEBRUARY 26, 2024

Last October, GM announced that it was launching sales in Switzerland as a first step in its all-electric return to Europe after selling off the Opel and Vauxhall brands back in 2017. In Switzerland, the Lyriq starts 82,000 Swiss francs ($93,100), but GM has not yet provided pricing for France. In 2022, GM sold only 122 Lyriqs.

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Baua Electric

JUNE 7, 2024

Nissan targets Bolt EV drivers with new LEAF offer Starting at $28,140, the 2024 Nissan LEAF is already one of the most affordable electric vehicles in the US. With GM ending Chevy Bolt EV production at the end of 2023, Nissan wants to attract drivers with a new “LEAF Conquest” offer. Nissan’s Ariya was second at $35,556.

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Green Car Congress

MAY 30, 2011

will begin selling South Korean-produced Captiva SUVs in Japan at the end of July, marking its first new vehicle offering here since 2009. Compared with shipping autos from the US, the transport costs will be low, and the vehicle will be positioned as an affordable mid-to-large import with a sticker price of 3.54

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Baua Electric

JULY 29, 2024

GM is preparing to launch a new electric vehicle offensive in Latin America’s largest auto market. Chevy’s Blazer EV will spearhead a new EV campaign in Brazil as GM looks to counter BYD and other surging Chinese EV makers in the region. 2024 Chevy Blazer EV RS (Source: GM) Can Chevy’s Blazer EV compete with BYD?

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Teslarati

JUNE 15, 2021

Tesla’s disruption of the global automotive market through its high-tech and affordable electric vehicles could ultimately lead to the company producing 1-out-of-10 cars on the road in the coming years. The post Tesla’s market disruption may lead to healthy slice of global auto market: Mizuho appeared first on TESLARATI.

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Baua Electric

JANUARY 5, 2024

According to a local media report, Volkswagen is delaying volume production of the affordable electric car. Volkswagen’s ID 2all EV production is being delayed A report from the German magazine auto motor und sport claims that Volkswagen’s ID 2all will go into mass production in May 2026 rather than 2025.

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Green Car Congress

JANUARY 30, 2017

General Motors and Honda are establishing the auto industry’s first manufacturing joint venture—Fuel Cell System Manufacturing, LLC, FCSM)—to mass-produce an advanced hydrogen fuel cell system that will be used in future products from each company. Next-generation fuel cell stack co-developed by Honda and GM. Earlier post.)

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Baua Electric

JULY 1, 2024

Meanwhile, Farley addressed the love for larger, “monster vehicles” in the US. We are just in love with these monster vehicles,” Ford’s CEO said at the Aspen Ideas Festival Friday. Ford’s CEO added, “We have to start to get back in love with smaller vehicles. It’s super important for our society and for EV adoption.”

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Teslarati

JANUARY 21, 2024

While BYD exceeded Tesla in raw battery electric vehicle deliveries at the end of 2023, the American EV maker is still one of the world’s undisputed leaders in the electric vehicle sector. The EV efforts of America’s biggest auto players have taken notable hits. from 27.9% in Q3 2022, as noted in a Fortune report.

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Green Car Congress

NOVEMBER 2, 2010

Plug-in electric vehicles, including plug-in hybrids and battery electric vehicles, have the potential to make up 9% of US auto sales in 2020 and 22% in 2030 (1.6 million and 4 million vehicle sales respectively), according to research company Bloomberg New Energy Finance (BNEF). million units in 2020, or some 7.3%

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Baua Electric

JUNE 10, 2024

After four months on the market, GM issued a stop-sale to fix its software. With the tax credit included, the Blazer EV could be bought for as little as $42,695 Later this year, GM will offer a more affordable Blazer EV LT FWD. With a starting price under $50,000, GM aims to compete with Tesla’s best-selling Model Y.

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Teslarati

SEPTEMBER 11, 2023

Tesla’s lead in the United States electric vehicle space is already relatively noticeable due to its technology and the Supercharger Network. However, this lead may stretch and soon become untouchable if the United Auto Workers (UAW) strike goes through, as the major players in Detroit could see major setbacks.

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Baua Electric

JULY 11, 2024

“America’s most affordable 315+ mile range EV” is getting even cheaper. Chevy claims its all-electric Equinox is the “most affordable” EV with over 315 miles range. However, the company says a more affordable 1LT FWD will be available to order later this year, starting at $34,995.

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Baua Electric

SEPTEMBER 23, 2024

The company is already working to “restore its leadership in electric vehicles” with new models like the second-gen Kona Electric built at its Czech plant. Starting at under $27,500 (25,000 euros), Hyundai’s new EV will be one of the most affordable in Europe. Source: Hyundai , ACEA FTC: We use income earning auto affiliate links.

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