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GM and Pilot Company to build out coast-to-coast EV fast charging network powered by EVgo eXtend

Green Car Congress

To accelerate the widespread adoption of EVs, increase access to charging and help enable long-distance electric travel of people and vehicles across the US, GM and Pilot Company (Pilot and Flying J) are collaborating on a national DC fast charging network that will be installed, operated and maintained by EVgo through its eXtend offering.

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GM will offer U.S. Buick franchise dealers buyouts

Teslarati

General Motors said that it will offer all of its Buick franchise dealers in the U.S. In June 2022, Buick announced plans to go all-electric by 2030 starting with a crossover SUV in 2024. Global Vice President of Buick and GMC, Duncan Aldred, told WSJ that shifting to EVs will require significant investments by Buick dealers.

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GM to boost EV and AV investments 75% to $35B through 2025; new battery plants

Green Car Congress

We are investing aggressively in a comprehensive and highly-integrated plan to make sure that GM leads in all aspects of the transformation to a more sustainable future. —GM Chair and CEO Mary Barra. —GM Chair and CEO Mary Barra. The company now expects its first-half EBIT-adjusted will be between $8.5

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Hyundai IONIQ 5 is becoming a top seller off the lot as dealers prep for EV growth

Baua Electric

Hyundai’s IONIQ 5 is already a top seller at some dealers. With new electric models rolling out, like the three-row IONIQ 7 SUV, Hyundai has the “whole gamut covered.” In the US, Hyundai’s largest sales market, the automaker (including Kia), blew past Ford and GM to become the second top-selling EV brand in 2023.

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GM is giving a $7,500 incentive on EV models that lost tax credit eligibility

Baua Electric

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. This comes after several GM electric models were excluded, starting this week. According to GM, the setback is only temporary due to “two minor components” in the EV models. Until then, GM will fill in the gap for buyers.

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GM expands to new European markets with its luxury $93K Lyriq

Baua Electric

2024 Cadillac Lyriq Sport trim (Source: Cadillac) General Motors is banking that Europeans will want an American-made $93,000 SUV that has zero emissions – but the US brand has had plenty of trouble getting production off the ground on its home turf. The all-around Lyriq has been compared to the Mercedes EQE SUV, Audi A8 e-tron, and BMW iX.

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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

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. Hyundai’s best-selling electric SUV, the IONIQ 5, set a new sales record last month, pushing EV sales up 100% over last year. FTC: We use income earning auto affiliate links.