GM finally made EVs "variable profit positive," meaning the EVs revenue cover the costs to make them. Here are the goals for ...
GM took an earnings hit in 2023 beyond the strike: an $800 million charge to redo some contracts with battery supplier LG Energy and a $1.7 billion charge on its EV inventory related to losses ...
General Motors continues to thin its ranks under a new evaluation program that looks to let go of poor-performing salaried workers, according to two sources familiar with the company's plans.
GM posts strong results ... The company expects losses will narrow with its battery-powered vehicles, reorganization of its China business, and the end of robotaxi development at Cruise, its ...
But the company admitted a number of policy headwinds from the Trump administration could derail that profit guidance, as GM and the rest of the US auto industry deals with making plans in the ...
GM reached a deal with EV battery materials company Vianode to supply the automaker with synthetic anode graphite. Anode graphite is the largest material by weight in lithium-ion batteries ...
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order ...
This is a tremendous one-two punch. GM backs innovative startup with revolutionary proposal to boost safety in EV battery ...
A new GM EV battery material supplier, Vianode, has reportedly selected Canada as the location for an upcoming North American graphite production facility.
Vianode will supply synthetic anode graphite that will be used in next-generation EV batteries produced by Ultium Cells, GM’s battery joint venture with LG Energy Solution.
In January 2025, GMC Sierra EV deals include interest-free financing on the 2024 GMC Sierra EV Denali Edition 1, along with low-interest and long-term financing on the 2024 and 2025 Sierra EV Denali.
Heading into the offseason, it was clear that the Cleveland Guardians needed to improve the offensive production of their outfield. However, the front office has yet to sign a veteran or trade for ...