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GM scores huge tax break on $1.3 billion plan to build new EVs in Orion

Electrek

Officials from Orion Township, Michigan approved a 12-year tax abatement for a proposed $1.3 GM) to build out the Orion Assembly plant in Lake Orion to build the coming wave of electric GM cars. more… The post GM scores huge tax break on $1.3 billion investment by General Motors Co. (GM)

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Perspective: A View Into the New GM

Green Car Congress

On 11 August, GM invited approximately 75 journalists and auto analysts to spend a day learning about the new GM. The day was split between a morning session at the GM tech center in Warren and an afternoon session at the GM proving grounds in Milford, MI. GM’s identify in the US starts with its four core brands.

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GM CEO Resigns

Green Car Congress

At its monthly meeting in Detroit today, the General Motors Board of Directors accepted the resignation of Fritz Henderson as Director, President and CEO of the company, according to GM Chairman Ed Whitacre. While momentum has been building over the past several months, all involved agree that changes needed to be made. Ed Whitacre.

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GM restructuring; changing product development, production; 5 NA & 2 international plants shutting next year; staff reduction

Green Car Congress

General Motors on Monday outlined a series of major restructuring steps that it said would accelerate its transformation for the future, building on the strategy it laid out in 2015 to strengthen its core business, to capitalize on the future of personal mobility and to drive significant cost efficiencies. Optimizing product portfolio.

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Fisker Automotive to Buy Shuttered GM Assembly Plant for Project NINA Production

Green Car Congress

Fisker Automotive has selected the GM Wilmington Assembly plant in Wilmington, Delaware for production for Project NINA, the development and build of a family-oriented plug-in hybrid sedan costing about $39,900 after federal tax credits. Earlier post.). Fisker Automotive has signed a letter of intent with Motors Liquidation Co.

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GM expects Chevrolet Silverado EV to get full $7,500 tax credit

Teslarati

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. Chevrolet, a GM brand, unveiled the Silverado EV earlier this year. The Chevrolet Silverado EV will be equipped with GM’s Ultimum Platform and probably the Ultium battery pack.

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GM Working with Communities to Develop Roadmap For Plug-in Infrastructure

Green Car Congress

GM described its approach at the Washington Auto Show. A partial draft checklist of stakeholders and enablers to help guide cities in making their regions plug-in friendly suggested by GM includes: Draft Checklist for a Plug-in Ready City. GM will undertake similar efforts around the country in communities such as Washington, D.C.

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