The Latest Breaking News from GM

Ultium Cells intends to produce at its plant in Spring Hill, Tennessee (currently under construction) more battery cells than initially planned.

Likely previewed by the FNR-XE Concept recently unveiled in China, Chevrolet's electric sedan may also be offered in the US, GM President Mark Reuss suggested.

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The company says it will increase its EV production to one million units annually across five North American assembly plants.

The electric crossover will likely carry the name Electra E4 and be offered in China as well as the US.

WASHINGTON — The U.S. Department of Energy has finalized a $2.5 billion loan to Ultium Cells LLC, the EV battery joint venture between General Motors Co. and South Korean battery company LG Energy Solution, officials said Monday.

A joint venture between General Motors and South Korean battery company LG Energy Solution has closed on a $2.5 billion federal loan to help finance three lithium-ion battery cell plants in Ohio, Tennessee, and Michigan

Jeep maker Stellantis NV said on Friday that it would stop operations at a 1,350-employee assembly plant in Illinois, citing the need to control costs in the face of supply-chain disruptions and high expenses associated with moving to electric vehicles.

The United Auto Workers has organized its first joint-venture battery plant, a facility in northeast Ohio owned by General Motors Co. and LG Energy Solution, the union said early Friday.