News

GM's electrification strategy faces challenges, with slower BEV demand, battery issues, and a shift in battery technology. Read why I'm neutral on GM stock here.
General Motors (GM) had a strong quarter for electric vehicle sales despite experiencing a profit drop due to rising tariff ...
GM is aggressively scaling battery cell and EV production in North America to reach our target of more than 1 million units of annual capacity by 2025, and we plan to eliminate tailpipe emissions ...
In the role, Kelty will be in charge of GM's battery cell strategy including the use of raw materials, research, developing and investing in new technology, and commercialization of cells and packs.
GM and LG Energy Solution, through their joint venture Ultium Cells LLC, are investing $2.6 billion to build the third U.S. battery plant they have planned. Two others are in northeast Ohio and ...
Ultium Cells will invest $275 million in its Spring Hill, Tennessee, battery plant to expand EV battery cell output by 40%. The new expansion will help fuel GM’s aggressive EV strategy as it ...
GM is partnering with Samsung SDI on a $3 billion plant that is set to open in 2026 at a yet-to-be-disclosed location. "GM’s supply chain strategy for EVs is focused on scalability, resiliency ...
GM and Lithion Announce an Investment and Strategic Partnership Agreement to Pursue a Circular EV Battery Ecosystem PRESS RELEASE PR Newswire Sep. 22, 2022, 07:00 AM ...
GM CFO Paul Jacobson, on a Tuesday earnings results call, said the automaker's fourth battery cell manufacturing center is "very much on track," and he noted capacity has been expanded at two ...
SAIC-GM-Wuling (SGMW) and Contemporary Amperex Technology Co., Limited (CATL) have just unveiled their first battery swapping strategy for commercial EVs in China. General Motors’ second joint ...
We recently published a list of 12 Best Battery Stocks to Buy According to Billionaires. In this article, we are going to take a look at where General Motors (NYSE:GM) stands against other best ...
The Detroit auto maker doubles down on electric-truck production and plans an battery-cell factory with LG Energy Solution, creating 4,000 new jobs in the Great Lakes state.