Teslarati
APRIL 11, 2023
General Motors (GM) has secured a next-generation lithium extraction deal with Puerto Rico-based startup, EnergyX. This has pushed many, including GM, further down its supply chain, buying up companies and securing supplies for the future. Along with this risk, GM does have some incredible upsides.
Green Car Congress
AUGUST 24, 2009
The Agile is the first model of the Viva family; Project Viva represents a US$400 million investment by GM un Brazil and Argentina. The Agile is targeted for emerging markets such as Brazil, Argentina, Paraguay and Uruguay (Mercosur). GM began doing business in Brazil in 1925.
Green Car Congress
MAY 23, 2022
America’s electric vehicle (EV) industry seems to have hit a rough patch of pavement in recent months. As the price of EV batteries continues to skyrocket , major automakers ranging from Ford and GM to BMW and Volkswagen are shoring up supply chain strategies. By Brent Wilson, CEO of Galvanic Energy. The issue [now] is batteries.
Green Car Congress
APRIL 12, 2023
GM Ventures is leading a $50-million Series B financing round in EnergyX , and has entered into a strategic agreement to develop EnergyX’s lithium extraction and refinery technology. We will unlock lithium supply in the US, a pivotal move in expanding the EV industry. Earlier post.)
Electric Auto Association
NOVEMBER 1, 2022
It was like the early days of the automobile industry when everything was so scattered,” Smith explained. Students from dozens of states, Canada, and other countries, recently including Bermuda and Argentina, have traveled to Danville to take the course. LEV manufacturing and distribution were very disorganized back then.
Green Car Congress
JANUARY 20, 2012
GM gained four-tenths of a point of market share to 11.9% of the global vehicle industry. Sales were up in all four reporting regions—North America, South America, Europe and International Operations—as GM sold a total of 9,025,942 vehicles compared with 8,385,484 in 2010. GM is the market leader in both countries.
Green Car Congress
FEBRUARY 24, 2019
Many carmakers felt the effects of trade tensions between the world’s biggest economies, political changes in key markets, and new threats to the status quo of the industry. Last year could be considered as the beginning of a new era for the automotive industry. —Felipe Munoz, JATO’s global analyst. —Felipe Munoz.
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