Teslarati

JULY 11, 2024

General Motors (GM) and Stellantis are poised to receive over $1 billion from the Biden administration to support the automakers’ electric vehicle projects. million for Stellantis’ Belvidere Assembly facility in Illinois, and $250 million for Stellantis’ planned EV drive module plant in Indiana.

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GM Indiana Grant Illinois 134

Teslarati

NOVEMBER 9, 2021

Such a valuation is ambitious , as it would make Rivian’s market cap just a bit lower than veterans such as General Motors ($84.82 billion) and Ford Motor Company ($79.65 It would also overtake longtime players in the auto segment, such as Japanese carmakers Honda Motor Co., The Finances So Far. ” Conclusion.

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Aston Martin Legal Financing SUV 133

Cars That Think

MARCH 18, 2022

And in the last two weeks, one of the largest utility companies in the United States, Pacific Gas & Electric, announced plans to work with General Motors in experiments with their bidirectional charging technologies. And he’s skeptical about the cost factor in home bidirectional chargepoints.

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GM Ford Powered Power 93

Cars That Think

JANUARY 17, 2023

By some estimates, upwards to 80,000 auto workers and a similar number in the auto supply chain have already been laid off globally to support the EV transition. The automaker has already begun idling auto plants and is warning of future closures to pay for its transition to EVs and to try to keep EV prices affordable.

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Market Auto Industry Auto Michigan 97

Teslarati

JUNE 18, 2024

It is also a shareholder base that understands that in order to accelerate the world’s transition to sustainable energy, and a sustainable energy economy, Tesla needs to develop the most revolutionary technologies not only in autos, but in energy and artificial intelligence as well. But we will, and we are. So this matters a lot.

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Tesla Re-Charge All-Electric Companies 121

Baua Electric

SEPTEMBER 19, 2024

Trump hasn’t had a well-defined platform—then or now—regarding clean energy, transportation, or the auto industry in the same way as President Joe Biden (or, by extension, Vice President and current presidential candidate Kamala Harris). First, let’s take a look at how Trump policy affected the auto industry in the previous term.

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Auto Industry Industrial Industry Auto 52