Baua Electric

MAY 24, 2023

Normal Motors seems to be transferring ahead with a plan to manufacture an electrical car battery plant in northern Indiana. County officers on Tuesday licensed a construction word of honour and tax diminish with GM for the mission. A GM spokesperson mentioned the automaker has now not but made up our minds on a location.

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Electrek

JANUARY 20, 2022

Officials from Orion Township, Michigan approved a 12-year tax abatement for a proposed $1.3 billion investment by General Motors Co. (GM) 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

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Baua Electric

MARCH 8, 2024

With drastically lower starting prices, the Blazer EV now starts at just over $50,000 and qualifies for the full $7,500 federal tax credit. Chevy Blazer EV stop-sale ends with lower prices General Motors issued the stop-sale on the Chevy Blazer EV in late December, just four months after opening orders.

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Teslarati

FEBRUARY 25, 2024

General Motors (GM) is looking to specific business areas to help determine worker bonuses for the year, as the automaker attempts to right the ship at self-driving unit Cruise and launch additional electric vehicles (EVs). GM may have found its solution to its Ultium bottlenecks What are your thoughts?

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Teslarati

JANUARY 31, 2024

General Motors (GM) may not be catching up to electric vehicle leaders like Tesla anytime soon, but CFO Paul Jacobson has noted that the automaker’s EV business is still on the right path. GM CEO Mary Barra also noted that it’s true the “pace of EV growth has slowed, which has created some uncertainty.”

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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. billion before taxes from Cruise, spending about $1.9 billion in cash during the same year.

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Teslarati

OCTOBER 31, 2023

The United Auto Workers (UAW) reached tentative contracts with each of the “Big Three” automakers over the past week, just as earnings reports from Ford and General Motors (GM) highlighted the financial damage done by the six-week strikes. Unlike Ford and GM, Stellantis has its headquarters in the Netherlands. billion). .”

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Baua Electric

MARCH 9, 2024

The Blazer price cuts and restored tax credit bring the effective price for qualified buyers down to USD 42,695 from the original USD 56,715 for the lowest-priced model. General Motors said on Friday it is resuming sales and cutting the price of its Chevrolet Blazer EV after software quality issues prompted the largest U.S.

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Teslarati

JANUARY 21, 2022

General Motors is set to invest $6.5 billion to develop two facilities in Michigan responsible for electric vehicle and EV battery production, a new report from Detroit News says. According to a meeting agenda and two sources, GM will pump a massive $6.5 The two new plants will produce 4,000 new jobs in Michigan.

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Green Car Reports

OCTOBER 4, 2022

And GM cranks out Bolt EVs but is on a slow ramp with Ultium. As part of a quarterly sales update, General Motors revealed Monday that. has some work ahead to catch up with other countries in providing enough public charging. This and more, here at Green Car Reports.

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Baua Electric

APRIL 1, 2024

General Motors is negotiating a U.S. battery-supply deal with China’s CATL, Car News China reports. 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. car manufacturing.”

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Teslarati

OCTOBER 24, 2023

General Motors (GM) and Stellantis have announced plans to furlough hundreds more workers, just after the United Auto Workers (UAW) expanded strikes against both automakers this week. According to a report from Reuters , Stellantis will temporarily lay off 525 more workers in Michigan, while GM will furlough 139 employees in Ohio.

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Teslarati

JANUARY 18, 2022

Orion Township approved General Motors’ (GM) request for a tax rebate on its proposed $1.3 The Orion Assembly Plant will also produce GM’s other electric vehicles. . GM wants to start improving its Chevy Bolt factory by July 01, 2022, and plans to finish the project by December 31, 2025.

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Baua Electric

FEBRUARY 9, 2024

According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit. The site “is advancing ever day,’” according to Oscar Kwon CEO of the Hyundai Motor Group Metaplant America (HMGMA). Munoz said EVs produced at the new plant will qualify for the tax credit.

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Baua Electric

MARCH 8, 2024

GM announced Friday that it’s dropping prices by up to $6,520 on its 2024 Chevrolet Blazer EV , while resuming sales and deliveries of the model to customers. GM paused sales of the Blazer EV in December. That aligns the Blazer EV to make a lot more sense versus other Ultium models from elsewhere in the GM family.

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Teslarati

JUNE 9, 2023

Tesla ( NASDAQ: TSLA ) and General Motors’ deal that will see the Detroit-based automaker utilize 12,000 Supercharger locations in North America and eventually adopt the North American Charging Standard (NACS) connector helped Wedbush push its price target on Tesla stock upward on Friday, analysts from the firm said.

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Electrek

OCTOBER 28, 2022

General Motors CEO Mary Barra spoke with analysts Tuesday, saying GM’s EV models will be able to qualify for the full tax credit in two to three years. The post Mary Barra claims GM’s electric vehicles will qualify for the full tax credit in ‘2 to 3 years’ appeared first on Electrek.

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Baua Electric

MARCH 28, 2024

General Motors (GM) is reportedly in talks with battery giant CATL to license its cheaper LFP battery tech. The plans could include a new joint North American plant to produce the new batteries. GM is ramping up production of its Ultium-based models after it “turned the corner” at its battery factory in Detroit.

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Baua Electric

FEBRUARY 8, 2024

General Motors has hired former Tesla battery-development boss Kurt Kelty as its new vice president of batteries. “Joining GM creates an even bigger opportunity to help the industry make the switch and have a lasting impact on our planet.”

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Teslarati

AUGUST 17, 2022

Department of Energy’s Alternative Fuels Data (DOE) published a list of electric vehicles that are immediately available for the new $7,500 EV tax credit. Under the new law, only EVs assembled in North America qualify for the credits. Tesla and GM were disqualified since both companies have sold over 200,000 EVs.

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Teslarati

MARCH 9, 2024

General Motors (GM) brand Chevrolet has begun selling the Blazer electric vehicle (EV) once again, after the automaker halted orders for over two months due to a software quality issue. GM also plans to utilize the division on all of its future vehicles.

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Baua Electric

MAY 10, 2023

“GM Envolve is about working with our customers to create tailored solutions to help meet their unique challenges,” Peper mentioned. “GM Envolve will draw from the entire GM enterprise portfolio of business-to-business products and services for ICE and EV.” Ford Motor Co.

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Baua Electric

JULY 20, 2023

House to American Motors till it used to be alone in 2010, the website is being redeveloped via NorthPoint Building LLC. The development venture is being aided via about $32 million in tax increment financing from the town and $5.1 Manufacturing unit 0, GM’s first absolutely devoted EV plant, underwent a $2.2

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The Truth About Cars

JUNE 27, 2023

On Tuesday, Lordstown Motors Corp. But it’s not bad news for everybody. Former chief executive of Lordstown Motors, Steve Burns, managed to sell off every share of his stock before the company filed for Chapter 11. LMC) officially filed for bankruptcy and sued Foxconn. Truth be told, it always seemed like an odd arrangement.

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Baua Electric

AUGUST 11, 2023

” Common Motors’ captive lender has evident costs of 3-year-old GM automobiles coming off rent fall virtually each and every while since past due April, Berce stated. GM Monetary famous a gentle moderate in used-vehicle costs from June to past due July. GM Monetary reported $9.1 billion a 12 months previous.

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The Truth About Cars

MAY 17, 2024

General Motors president Mark Reuss threw some shade at the all-electric Ford “Mustang” Mach-E by suggesting an electrified Chevrolet Camaro would not go the crossover route if he had his druthers. The Camaro news is more speculative, resulting from an interview Mark Reuss had with MotorTrend about the future of the model.

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Teslarati

SEPTEMBER 8, 2022

General Motors has announced their all-new Chevy Equinox EV, their affordable EV SUV offering. Chevrolet has long been the budget offering of GM products; their vehicles are made for everyone, so what if the interior is comparable to a school lunch tray, it’s cheap and (hopefully) reliable transportation.

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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?

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San Francisco GM California General Motors 79

Baua Electric

MARCH 13, 2024

Cadillac gave a sneak peek of “the future of electric performance,” teasing its new Opulent Velocity EV concept. But with GM falling behind in the EV market, is a concept enough at this point? On the top of GM’s to do list this year is “getting vehicles out there right and getting the software,” according to Barra.

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Green Car Reports

JANUARY 13, 2016

Today, General Motors says it won't fund Combined Charging Standard (CCS) DC fast-charging stations for the 2017 Chevrolet Bolt EV electric car, California rejects Volkswagen's proposed fix for 2.0-liter liter TDI diesel cars, and we look at when electric-car tax credits will expire. All this and more on Green Car Reports.

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Baua Electric

JANUARY 3, 2024

After customer complaints over its software issues, which sparked a halt on sales right before Christmas, General Motors has now issued a small safety recall , which includes the Chevrolet Blazer EV, for vehicles that may have defective doors that could fly open while driving. GM said that they’d reach out once they figured out the problems.

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Teslarati

FEBRUARY 2, 2022

According to the Tesla supporters, the US President has shown a tendency to ignore Tesla’s leadership, with Biden instead propping up veteran automakers like General Motors as leaders in the country’s EV movement. Credit: General Motors. I can remember your dramatic announcement that by 2035, GM would be 100% electric.

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Teslarati

FEBRUARY 10, 2024

Ford last year also faced historic six-week strikes from workers represented by the United Automotive Workers (UAW) union , alongside the other “Big Three” automakers of Detroit, General Motors (GM) and Dodge-Chrysler parent company Stellantis. billion in earnings before interest and taxes.

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Baua Electric

FEBRUARY 27, 2024

Hyundai announced its fast-tracking production at its Hyundai Motor Group Metaplant America (HMGMA) in Georgia. Hyundai initially planned to begin production early next year, but the automaker is plowing ahead with the $7,500 federal tax credit on the line. It even tops Rivian’s $5 billion EV factory outside of Atlanta.

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Teslarati

JANUARY 29, 2024

This positive trend was partially fueled by tax credits from the U.S. billion KRW from the IRA tax credit, which grew 16% from the previous quarter due to a solid performance from LGES factories in the United States. Excluding the tax credit: Operating profit would be KRW 88.1 from the previous quarter and 6.3% billion, a 53.7%

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Green Car Reports

JUNE 7, 2011

The CEO of General Motors, Dan Akerson, told a Detroit newspaper that the Federal tax on gasoline should be raised by 50 cents to $1 a gallon to encourage consumers to buy more fuel efficient vehicles.

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Baua Electric

APRIL 17, 2024

BCG estimates that most automakers lose around $6,000 on each EV they effectively sell for $50,000, that price accounting for any tax credits or other incentives the customer might be eligible for. GM was supposed to be producing hundreds of thousands of its Ultium EVs annually by now. appeared first on Bauaelectric Auto News.

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