Green Car Congress

JUNE 13, 2023

General Motors plans to invest $632 million in Fort Wayne Assembly to prepare the plant for production of the next-generation internal combustion engine (ICE) full-size light-duty trucks. This investment will enable the company to strengthen its industry-leading full-size truck business.

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Green Car Congress

NOVEMBER 23, 2021

GM has acquired a 25% ownership stake in Pure Watercraft , a Seattle-based company that specializes in creating all-electric boating solutions. The Pure Outboard system includes a 25kW electric outboard motor with power tilt/trim (112 lbs); one or more 8.85

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GM All-Electric Mariner Seattle 481

Green Car Congress

AUGUST 17, 2023

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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Green Car Congress

OCTOBER 12, 2022

General Motors introduced Ultium Home and Ultium Commercial, which in combination with the existing Ultium Charge 360, create an ecosystem of energy management products and services that will be housed under a new business unit called GM Energy.

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The Truth About Cars

JANUARY 30, 2024

Despite previously having committed itself toward a future where it builds all-electric vehicles, General Motors has made plans to bring plug-in hybrids back to our market. Let me be clear: GM remains committed to eliminating tailpipe emissions from our light-duty vehicles by 2035. Simply chasing volume probably won’t be enough.

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Teslarati

OCTOBER 24, 2023

General Motors ( NYSE: GM ) beat analyst expectations for the third quarter and reported what progress it made on its electric vehicle front for the three-month span. It is no secret that Q3 was rough for Detroit-based automakers, GM included. GM reported a $2.28 Disclosure: Joey Klender does not own GM Shares.

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General Motors Motors Motoring Motor 103

Green Car Congress

DECEMBER 23, 2021

General Motors will offer EV technology beyond its own portfolio and automotive applications more broadly, one component at a time. GM has an established strategy, network of integrators and co-development agreements to apply an extensive array of components and solutions to a broad range of customers and use cases. a Textron Inc.

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GM Mariner Concept Chevrolet 418

Green Car Congress

DECEMBER 18, 2021

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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Hummer GMC GM Silverado 459

Teslarati

DECEMBER 21, 2022

General Motors CEO Mary Barra has been pretty open about her desire to surpass Tesla and become the global leader in electric vehicles (EVs). And in recent comments, an executive from the veteran automaker shared some insights about what strategies GM could implement to become an industry leader in EVs. .

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General Motors GM Motors Motoring 98

Green Car Congress

MAY 11, 2022

General Motors and Red Hat Inc., The companies expect to expand an ecosystem of innovation around the Red Hat In-Vehicle Operating System, which provides a functional-safety certified Linux operating system foundation intended for the ongoing evolution of GM’s Ultifi software platform ( earlier post ).

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Electrek

JANUARY 21, 2022

General Motors (GM) shared plans to invest nearly $154 million to renovate its Lockport Components plant in western New York to support stator module production. These key components for electric motors will eventually serve GM brand electric trucks and SUVs built upon the company’s Ultium Platform.

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New York GM Motors Motoring 124

Green Car Congress

DECEMBER 1, 2020

General Motors Co. announced it has signed a non-binding memorandum of understanding with Nikola Corporation for a global supply agreement to provide GM’s Hydrotec fuel cell system for Nikola’s Class 7/8 semi-trucks. —Doug Parks, GM executive vice president of Global Product Development, Purchasing and Supply Chain.

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General Motors Supplies Motors Motoring 221

Teslarati

JUNE 10, 2023

Tesla Superchargers are being introduced and opened to legacy automakers like Ford and General Motors (GM). However, other companies in non-automotive sectors are also planning to adopt the North American Charging Standard (NACS), including GM-owned Pure Watercraft, a maker of electric boats.

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GM Companies Tesla Sustainable Transportation 125

Green Car Congress

NOVEMBER 8, 2019

Lordstown Motors Corp. LMC), a new original equipment manufacturer (OEM), has acquired the GM manufacturing complex in Lordstown, Ohio. The LMC entity was created in connection with, and for the purpose of, acquiring the GM facility to manufacture electric trucks in Lordstown. Workhorse CEO Duane Hughes.

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GM Motors Motoring Motor 170

Green Car Reports

AUGUST 4, 2020

As it continues to develop its own electric pickup trucks, General Motors will invest in Lordstown Motors, which plans to build electric trucks at a former GM factory in Ohio. Lordstown announced a $75 million investment from GM Monday, along with plans for an initial public offering (IPO).

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GM Motors Motoring Motor 166

Baua Electric

APRIL 5, 2024

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 77.4 316 $47,065 SEL Dual Motor AWD 77.4

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Affordable Kia Hyundai Boston Consulting Group 52

Green Car Congress

APRIL 25, 2022

Four key Hyundai Motor Group affiliate companies—Hyundai Motor Company (Hyundai Motor), Kia Corporation (Kia), Hyundai Mobis, and Hyundai Wia—are now members of Climate Group’s RE100 , a global initiative committed to large corporates moving toward 100% renewable electricity.

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Hyundai Renewable Climate Motors 186

The Truth About Cars

APRIL 16, 2024

General Motors recently announced a move from the Renaissance Center (RenCen), the building it purchased in 1996, to a new location at the Hudson’s Detroit building further north. GM owns five of the seven RenCen towers, and its absence will open quite a vacancy in the complex. That’s a significant reduction from RenCen’s 2.3

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General Motors Detroit Motors Motoring 95

Green Car Congress

MARCH 12, 2021

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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Green Car Congress

JUNE 9, 2023

General Motors plans to invest more than $500 million in Arlington Assembly to prepare the plant for production of future internal combustion engine (ICE) full-size SUVs, subject to successful discussions with local government officials. Product details and timing related to GM’s future full-size SUVs are not being released at this time.

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Arlington Yukon SUV Escalade 298

Green Car Congress

APRIL 13, 2022

Glencore and General Motors announced a multi-year sourcing agreement in which Glencore will supply GM with cobalt from its Murrin Murrin operation in Australia. GM and POSCO Chemical are building a new facility in Quebec, Canada, as part of their joint venture to produce CAM for GM’s Ultium batteries.

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GM Supplies Fort Worth Australia 459

Teslarati

MARCH 1, 2022

General Motors is no longer investing in Lordstown Motors as the Ohio-based electric vehicle startup continues to struggle to keep its doors open. GM confirmed on Tuesday that it sold its stake in Lordstown during Q4 2021 following “an undisclosed lock-up period,” spokesperson Jim Cain said to CNBC. GM owned 7.5

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General Motors Motors Motoring Motor 93

Green Car Congress

JANUARY 21, 2023

General Motors plans to invest $918 million in four US manufacturing sites, including $854 million to prepare these facilities to produce the company’s sixth-generation Small Block V-8 engine and an additional $64 million in Rochester, New York and Defiance, Ohio for castings and components to support EV production.

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GM Production Ohio New York 353

Green Car Reports

NOVEMBER 9, 2023

Nearly 40 years ago, General Motors invented the rare-earth magnet and thus laid the foundation for modern electric motors. GM recently announced a partnership with Niron Magnetics, a Minnesota-based company that claims to have developed automotive-grade permanent-magnet motors without.

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GM Minnesota General Motors Motor 159

The Truth About Cars

OCTOBER 10, 2023

& Last week, Unifor criticized General Motors for failing to meet important elements of its pattern agreement with Ford Motor Company. Unifor is targeting GM's Oshawa assembly complex, St. But said that GM failed to adhere to the pattern agreement made with Ford, leaving the union with no other recourse.&

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General Motors Canada Motors Motoring 96

Teslarati

FEBRUARY 7, 2024

LG Chem is signing a nearly $19 billion deal with General Motors that will see the battery company supply the automaker with battery materials over the course of ten years. LG Chem announced today that it would supply 500,000 tonnes of cathode material to GM through 2035. The deal is worth 24.7 billion. .

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Teslarati

FEBRUARY 8, 2024

General Motors may have found its solution to the trouble and bottlenecks it has had with the Ultium battery project. That solution lies within Kurt Kelty, a former Tesla battery technology senior director, who will join General Motors later this month as the company’s Vice President of Batteries.

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Teslarati

APRIL 3, 2024

China-owned SAIC plans to cut thousands of jobs from its joint ventures with General Motors (GM) and Volkswagen. According to people familiar with the matter, the automaker plans to cut 30% of employees at SAIC-GM and 10% of workers at SAIC Volkswagen. Instead, the company plans to lay off workers gradually throughout the year.

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Teslarati

APRIL 23, 2024

General Motors (GM) has detailed its first-quarter financial results for the year, citing its gas vehicles and continued growth of electric vehicle (EV) business and software-based platform development. billion, including investments in the company’s battery cell manufacturing joint ventures. billion to $11.5

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Teslarati

MAY 29, 2023

General Motors (GM) and POSCO Chemical will receive funds for a battery materials facility in Quebec, Canada. The federal government of Canada and the Quebec province plan to provide around $110 million each for about $220 million to GM-POSCO’s battery materials facility. The facility is scheduled to start running by 2025.

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General Motors Canada Motors Motoring 91

Teslarati

JANUARY 28, 2024

General Motors (GM) and Honda announced that their 50-50 joint venture on a hydrogen fuel cell facility in Michigan is ready to start commercial production. Ongoing investment and commitment by both companies is driving our success at FCSM. Both companies aimed to improve the performance of fuel cell systems.

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Teslarati

APRIL 9, 2024

The General Motors (GM) self-driving unit Cruise has announced plans to resume driver-operated vehicle testing in Arizona, after an accident with one of its driverless taxis in October left a pedestrian severely injured. “This will help inform where we ultimately will resume driverless operations,” Cruise added.

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Teslarati

AUGUST 5, 2021

General Motors knocked off nearly $1 billion from its net income in Q2 2021 because it repaired faulty battery cells in the Chevrolet Bolt EV. In its Q2 2021 results overview released on August 4th, GM reported $34.2 billion was spent on GM recalls in Q2, with $800 million going toward the recent battery bugs in the Bolt.

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General Motors Motors Motoring Motor 144

Teslarati

JANUARY 25, 2022

Today, General Motors made its $7 billion plan to expand electric vehicle and EV parts manufacturing in Michigan official. Last week, we reported that GM was planning to invest at least $6.5 and our North American EV production capacity,” Mary Barra, CEO and Chairwoman of General Motors said. ” GM will spend $2.6

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General Motors Michigan Motors Motoring 123

Baua Electric

MAY 8, 2024

SAIC Motor, China’s largest car maker, has set an ambitious target of producing and selling over 1 million vehicles along with its joint venture partner, JSW Group. A top executive said the company plans to invest up to USD 2 billion in this decade. JSW MG Motor India will leverage synergies across JSW Group’s ecosystem.

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India Motors Motoring Motor 52

Baua Electric

APRIL 18, 2024

Hyundai taps Toray for new EV materials Hyundai Motor announced a strategic partnership with Toray Industries on Thursday, a leader in carbon fiber and composite material tech. According to Chang Song, Hyundai’s president, the company aims to become a “first mover and gain a competitive edge” with the new materials.

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Hyundai Carbon Fiber Motors Motoring 52

The Truth About Cars

JUNE 27, 2023

On Tuesday, Lordstown Motors Corp. Lordstown’s share price collapsed in 2021 and the company has suffered numerous production delays. Former chief executive of Lordstown Motors, Steve Burns, managed to sell off every share of his stock before the company filed for Chapter 11. But it’s not bad news for everybody.

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