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GM invests in AI and battery materials company Mitra Chem; advanced iron-based CAMs

Green Car Congress

General Motors is leading a $60-million Series B financing round in Mitra Chem , a Silicon Valley-based, AI-enabled battery materials innovator. The company’s AI-powered platform and advanced research and development facility in Mountain View, California, will help accelerate GM’s commercialization of affordable electric vehicle batteries.

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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

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Honda Backing Out of Affordable EV Deal With GM

The Truth About Cars

It initially announced plans to work with GM and others to develop smaller, more affordable electric crossovers, but the company recently confirmed that it was stepping away from that initiative due to shifting business priorities. GM and Honda will search for a solution separately. This project itself has been canceled.”

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GM and Honda expanding partnership to codevelop series of affordable EVs in most popular vehicle segments; on sale in 2027

Green Car Congress

General Motors and Honda plan to expand the two companies’ relationship by codeveloping a series of affordable electric vehicles based on a new global architecture using next-generation Ultium battery technology. —Mary Barra, GM chair and CEO. —Shinji Aoyama, Honda senior managing executive officer.

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GM begins deliveries of first Ultium-based EVs: GMC Hummer pickup and Brightdrop EV600

Green Car Congress

General Motors has begun deliveries of its first next-generation electric vehicles, the GMC HUMMER EV Edition 1 Pickup and BrightDrop EV600 light commercial vehicle, both built on the Ultium Platform. Enable mobility beyond GM’s own portfolio through third-party licensing of its EV technology, co-development agreements and partnerships.

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GM progressing on next-generation Ultium Li-metal battery; new joint development agreement with SES

Green Car Congress

At a Washington Post Live virtual conference, General Motors President Mark Reuss provided more details about GM’s next-generation Ultium lithium metal battery and announced a joint development agreement with lithium metal battery innovator SES (formerly known as SolidEnergy Systems) ( earlier post ). —Mark Reuss.

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GM, Honda announce new partnership to build affordable electric vehicles

Teslarati

General Motors and Honda have announced a new partnership to develop affordable electric vehicles based on a global platform. “GM By working together, we’ll put people all over the world into EVs faster than either company could achieve on its own.”. The companies already have worked together with EVs and autonomy.

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