Both Ford and GM cut back on production in 2024 since they couldn't get their electric vehicle prices down far enough to stimulate more demand. One of the biggest costs for EVs is the battery ...
DETROIT, Dec 23 (Reuters) - U.S. automakers Ford Motor (F.N), opens new tab and General Motors (GM.N), opens new tab ... struggling to ramp up and sell its battery-powered models.
GM to sell its stake in Lansing EV battery factory State board OKs giving GM $824 million to lure $7 billion in EV investments Michigan pays a premium for EV factories — but losing them could be ...
State records obtained by The Detroit News indicate the entire performance-based grant was paid out by the Michigan Treasury Department to GM and its partner in an EV battery plant between June ...
But it’s also good to be a legacy giant looking to get back on the radar if you’re General Motors (GM). After slumping during the COVID-19 years, “without a doubt as far as the earnings and ...
The move comes on the heels of GM scaling back plans for electric vehicles, selling its stake in one of its joint venture battery plants and restructuring its China business, leaving the company ...
GM has been making a lot of changes to its battery technology, which could reduce the price of its EVs, but this may only be a short term fix.
The new prismatic cells will provide the power in future GM electric vehicles, while simultaneously diversifying the company’s supply chain, as well as its portfolio of battery chemistries and ...
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GM's Ultium battery technology, with its modular design and enhanced energy density, is a key advantage over Tesla, promising longer driving ranges and potential cost savings. The innovative ...
GM says the issue is not with the eAssist battery pack; the smoke and fire comes from overheating of the control board. One trunk fire has been reported, but no injuries are known. Scroll down ...
Although many call it a hybrid because it has a battery and an engine, GM prefers to call it an extended range-electric vehicle (ER-EV). That poses a problem for GM when it comes to emissions and ...