Teslarati
JANUARY 30, 2024
General Motors (GM) held its 2023 earnings call on Tuesday morning, and in it, the automaker detailed its plans to cut spending on the self-driving unit Cruise after one of the company’s robotaxis struck a pedestrian last October. In its Q4 2023 and full-year 2023 financial results shared on Tuesday, GM said it lost just almost $2.7
Baua Electric
APRIL 1, 2024
GM already works closely with CATL, but that relationship is limited to the China market. or Mexico, along with a GM license agreement for CATL’s LFP battery tech. or Mexico, along with a GM license agreement for CATL’s LFP battery tech. General Motors is negotiating a U.S. car manufacturing.”
Teslarati
JANUARY 7, 2024
After a Cruise self-driving vehicle hit and dragged a pedestrian in October, the General Motors (GM) subsidiary has offered to pay $75,000 to help resolve an ongoing investigation from California regulators. GM suing San Francisco to refund over $108 million in Cruise taxes What are your thoughts?
Baua Electric
JANUARY 3, 2024
GM and the National Highway Traffic Safety Administration are recalling 265 units of the 2024 Chevy Equinox, 2024 Chevy Blazer, 2024 Chevy Blazer EV, and 2024 GMC Terrain due to defective door strikers that were installed incorrectly by a faulty heat treatment during the assembly. So the company has definitely seen better days.
Teslarati
OCTOBER 12, 2023
Are any Tesla suppliers common with Ford/GM/Stellantis at significant solvency or operational risk based on the UAW strike? Tesla Model 3 and Y now cost approximately the same as an average non-luxury car ($31.9k) and non-luxury SUV ($35.7k) after tax credit in the US despite better features.
EV Connect
OCTOBER 9, 2023
Mainstream manufacturers such as Ford and GM are already unveiling their own EV lines, alongside emerging brands such as Lucid and Nikola. Incentives and restrictions The extension of the light-duty EV tax credit through 2032 locks in generous savings for consumers in the short term. million cars a year.
The Truth About Cars
JUNE 27, 2023
Foxconn assumed the brunt of Lordstown’s tangible assets, including the factory it had purchased from GM for an estimated $20 million — a fraction of its total value — in exchange for some worthless stock, millions in cash, and some promises that would only come into play if LMC survived.
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