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GM raises 2024 financial guidance on Q1 revenue

Teslarati

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. Overall, the report highlighted the company’s focus on ICE vehicles, as much of the EV industry struggles. billion to $11.5

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GM launches Cadillac CT6 plug-in hybrid in China

Green Car Congress

SAIC-GM has officially launched the newest member of the Cadillac CT6 American luxury sedan family—the CT6 Plug-In ( earlier post )—in China. Top: The Cadillac CT6 Plug-In has adopted industry-leading Power Split technology. The CT6 Plug-In is fitted with an 18.4 SIDI turbocharged engine.

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General Motors Bringing Back Plug-in Hybrids

The Truth About Cars

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. But this hasn’t been GM’s style in the past.

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GM and Nissan lead in US plug-in sales in December; GM and Toyota for the year

Green Car Congress

2012 US sales of plug-in vehicles by major OEMs. GM was the US sales leader among the major OEMs for plug-in vehicles in December, and for 2012. GM sold 2,633 units of the Volt extended range electric vehicle in December, up 72.2% For the year, GM posted sales of 23,461 Volts, up 205.8% Click to enlarge.

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Lux: plug-in vehicle battery market to hit $10B in 2020; 6 carmakers = 90% of demand; VW to show most growth

Green Car Congress

Led by Tesla, China’s BYD, and Volkswagen, the battery market for plug-in vehicles will rise to $10 billion in 2020, with electric vehicles (EV) emerging as the drivetrain of choice, according to a new forecast by Lux Research. Plug-in hybrid electric vehicles (PHEVs) will do well in unit sales, accounting for 740,000 of 1.5

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Despite Elon Musk’s foolishness, auto industry shouldn’t give up on NACS

Baua Electric

Tesla CEO Elon Musk is causing chaos in the EV industry by firing Tesla’s entire charging team, which may lead some automakers to reconsider their plans to adopt the NACS plug. But NACS is just a better standard, and the industry should move forward on it, even if Tesla waffles with its commitment. Is NACS going to die?

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GM Doesn’t Rule Out Eventual Return for Bolt

The Truth About Cars

It’s a common knock on GM that the company has a tendency to kill its darlings just as they get them right; look no further into history than the Pontiac Fiero and Cadillac Allanté as two good examples*. Naturally, the podcast host asked why The General was pulling the plug on it. Image: GM] Become a& TTAC& insider.

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