The Latest Breaking News from GM

GM Announces $400 Million EV Battery Materials Plant In Canada

CAM is a key battery material consisting of components like processed nickel, lithium and other materials making up about 40% of the cost of a battery cell.  

InsideEVs · Mar 7, 2022

GM, POSCO Chemical Plan New JV Plant In Quebec To Expand EV Supply Chain

General Motors Co (NYSE:GM) and POSCO Chemical are working with the governments of Canada and Quebec to build a new facility in Bécancour, Quebec, estimated at $400 million (C$500 million). The new facility will produce cathode active material (CAM) for GM's Ultium batteries to power electric vehicles like Chevrolet Silverado EV, GMC HUMMER…

Benzinga · Mar 7, 2022

Chevy Dealers Gearing Up To Beat Tesla With Electric Trucks & SUVs

If legacy automakers want to sell plenty of electric cars, they'll have to make sure their dealers are on board. It seems Chevy dealers are ready to roll.

InsideEVs · Mar 7, 2022

Hyundai wants another 17 electric vehicles in its lineup by 2030

Between major commitments from Ford and GM, it's still got a lot of catching up to do with competitors, though.

Input · Mar 2, 2022

Why Is It So Hard To Catch Up With Tesla? Is It The Laws Of Physics?

Tesla is a startup that was expected to fail. It laid out the best plans for all other automakers to follow, though it still holds a notable lead. What gives?

InsideEVs · Mar 2, 2022

Elon Musk Takes A Swipe At Joe Biden As President Once Again Praises Ford, GM On EVs During State Of The Union Address

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk took a swipe at President Joe Biden for failing to mention the electric maker during his State of the Union speech on Tuesday.

Benzinga · Mar 2, 2022

GM Dumped Lordstown Motors Stock In The Fourth Quarter Of 2021

GM says the only reason it bought Lordstown stock in the first place was to allow the EV startup to complete the purchase of the plant and restart production.

InsideEVs · Mar 2, 2022

Why Ford, GM And Goodyear Tire & Rubber Shares Are Falling Today

Shares of several companies in the automotive and auto components sector, including Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM) and Goodyear Tire & Rubber Co (NASDAQ:

Benzinga · Mar 1, 2022

GM Said To Temporarily Halt Exports To Russia As It Weighs Impact Of Global Sanctions Against The Country

General Motors Co (NYSE: GM) is halting vehicle exports to Russia until further notice, Fox Business reported on Monday, citing a company statement.

Benzinga · Mar 1, 2022

Cruise founder, ex-CEO to be permanent leader of self-driving company

Cruise LLC's next chief executive officer will be Kyle Vogt, the former CEO who's been acting as interim chief of the self-driving company since the abrupt departure of Dan Ammann.

Tribune News Service · Feb 28, 2022