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The Latest Breaking News from GM

GM spending $760M to convert Toledo factory to make EV parts

General Motors says it will spend $760 million to renovate its transmission factory in Toledo, Ohio, so it can build drive lines for electric vehicles

The Independent UK

Ford Starts Its Biggest Bet Against Tesla, GM

The Dearborn automaker has promised to produce 2 million electric vehicles by 2026.

The Street

BMW's Range, Kia USA, Uber And Hertz EVs: Top EV News Sept 23, 2022

The floodgates are open when it comes to EV news, and it's likely hard for fans to keep up with it. Here's a recap of some interesting stories from the week.

InsideEVs

From analysis to the latest developments in health,
read the most diverse news in one place.

GM Hummer EV Demand Overwhelms Production Capacity

GM says it has stopped taking reservations for its wildly popular and expensive Hummer EV due to limited capacity to build them.

The Street

GM invests in battery recycling company

GM Ventures, General Motors Co.'s investment arm, has made a strategic investment in Canada-based Lithion Recycling Inc.'s Series A financing round to support a new strategic partnership between the companies.

Tribune News Service

Sims explains how Cadillac LMDh IMSA move has become a “dream come true”

Alexander Sims says competing in Action Express Racing’s new Cadillac LMDh in IMSA is the chance to return to “the most enjoyable form of racing that I’ve done.”

Autosport

This Is What Whales Are Betting On General Motors

Someone with a lot of money to spend has taken a bullish stance on General Motors (NYSE:GM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

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Sims: 2023 Action Express Cadillac ride is “dream come true”

Alexander Sims says that competing in Action Express Racing’s new Cadillac V-LMDh in IMSA is the chance to return to “the most enjoyable form of racing that I’ve done.”

Motorsport

GM halts reservations for Hummer EV pickup, SUV

General Motors Co. is ending reservations on all trims of the GMC Hummer EV pickup and SUV Wednesday night after receiving 90,000, the company said.

Tribune News Service

General Motors investing in Toledo plant for EV production support

General Motors Co. Toledo Transmission plant on Friday is expected to receive an investment to support electric-vehicle production — marking the first time a GM propulsion plant will receive allocation for EVs.

Tribune News Service

EPA approves Ultium Cells battery components for Michigan plant

WASHINGTON — The U.S. Environmental Protection Agency has approved Ultium Cells LLC to build an electric vehicle battery component at the request of a bipartisan group of Michigan lawmakers.

Tribune News Service

Why a shuttered auto plant in Ohio could doom Democrats from picking up a key Senate seat

One of 2022’s most important Senate races may have been decided on ‘Black Monday’, John Bowden reports from Youngstown, Ohio

The Independent UK

New Unifor president ready to grow the union's diminished auto sector

From a pandemic to an internal scandal on top of supply disruptions causing mass temporary layoffs, Lana Payne already has seen Canada's largest private sector union through a series of trials.

Tribune News Service

Hertz to order up to 175K EVs from GM to meet EV fleet goals

The Hertz Corp. is planning to order up to 175,000 electric vehicles from General Motors Co. over the next five years for its rental fleet, the companies said Tuesday.

Tribune News Service

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AFP

Hertz to buy some 175,000 GM EVs through 2027

New York (AFP) - US rental car giant Hertz will buy up to 175,000 electric vehicles from General Motors by the end of 2027, the companies announced Tuesday, as the auto industry grapples with concerns over climate change and petroleum dependency.

The Street

GM Lands Huge Hertz Order for EVs

General Motors is selling electric vehicles to Hertz through the next five years.

InsideEVs

General Motors To Supply 175,000 EVs To Hertz Through 2027

Hertz said the order includes a wide range of vehicle categories and price points, from compact and midsize SUVs to pickups, luxury vehicles and delivery vans.

The Independent UK

Hertz to order up to 175K GM electric vehicles over 5 years

Hertz plans to order up to 175,000 Chevrolet, Buick, GMC, Cadillac and BrightDrop electric vehicles from General Motors over the next five years

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InsideEVs

GMC Hummer EV Edition 1 Owner Complains About Leaking Roof Panels

This Chicago-based owner discovered that the Hummer EV's four removable Sky Panels are not waterproof after the first rain that the vehicle was exposed to.

Newcastle Herald

What EV makers don't like to discuss: how lithium-ion battery fires burn on and on

Electric vehicle fires are a hot topic of international discussion

Motor1

Four Harley Earl Classics From GM Heritage Visit Detroit Streets

These vehicles are rarely seen together outside the GM Heritage Center.

The Guardian - US

Biden talks up electric vehicle revolution – but is America ready to give up gas?

President appears at Detroit auto show, where EVs are this year’s stars – but the road to electrification promises to be a bumpy one

InsideEVs

Chevrolet To Begin EV Marketing Campaign Via NFL Football

Chevy has been producing EVs for some time now, and it's about to ramp up its efforts in a very big way. The brand will kick off its EV ads during NFL games.

Tribune News Service

GM to invest $491 million at stamping facility to support EV production

General Motors Co. is investing $491 million at its Marion, Indiana, metal stamping plant for production of steel and aluminum stamped parts for future products, including electric vehicles.

InsideEVs

2023 GMC Hummer EV Racks Up Over 90,000 Reservations

The report says people are not only placing orders, but also following through with around 90 percent of them actually buying the vehicle.

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