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GM is losing $5 million a day on Cruise
General Motors is losing a ton of money daily on their self-driving car project, Cruise. GM confirmed that Cruise lost more than $500 million during the year’s second quarter. This equates to a rate of […]
General Motors is losing a ton of money daily on their self-driving car project, Cruise. GM confirmed that Cruise lost more than $500 million during the year’s second quarter. This equates to a rate of […]
General Motors is cracking down on the possibility of flipping its most sought-after models for a quick profit. Steve Carlisle, GM President for North America, sent a letter to the GM Dealership Team noting some […]
General Motors has sold its first-ever green bonds to fund the continued electrification of its line-up. According to sources familiar with the matter, the automaker priced $2.25 billion of green bonds in two parts. The […]
General Motors announced that the company’s upcoming EVs have a strong demand and a growing waitlist. As per CEO Mary Barra, GM has over 150,000 reservations for the Chevrolet Silverado EV. Considering the vehicle launches […]
General Motors officially announced two new long-term battery-related agreements with Livent and LG Chem. The new deal with LG Chem will see the Korean company supply 968,000 tons of cathode material to GM. The deal […]
General Motors is launching a free online chat tool called EV Live to connect consumers who have questions about EVs to an EV expert. The platform is designed to help fill in the EV knowledge […]
If General Motors and Ford get their way, they may soon be testing autonomous vehicles without certain manual controls on public roads. According to Steven Cliff, the administrator of the National Highway Traffic Safety Administration […]
A new report shows that the GMC Hummer EV produces more CO2 per mile driven than some gas-powered vehicles. According to American Council for an Energy-Efficient Economy (ACEEE) research, the Hummer EV is not as […]
After taking the luxury crown from BMW in the United States in 2021, Tesla is on track to do the same in 2022. New data shows Tesla registrations in the U.S. have increased through the […]
The GMC Hummer EV is in high demand with over 77,000 reservation holders waiting to receive their electric truck. The problem is that GMC is only producing 12 each day right now. At that rate […]