General Motors has announced plans to build a $500 million cathode active material (CAM) facility in Bécancour, Quebec. The new facility will be a joint venture with South Korea’s Posco Chemical, and will produce materials […]
Canada’s largest public pension quadrupled its stake in Tesla while slashing its holdings in General Motors in the fourth quarter of 2021. The Canada Pension Plan Investment Board (CPPIB) bought 368,706 shares of Tesla to […]
General Motors (GM) Korea has announced plans to launch up to 10 electric vehicles (EVs) in Korea within the next three years. GM Korea CEO Kaher Kazem revealed the plans during an online press conference […]
General Motors (GM) is spending more than the $35 billion previously planned to speed up launches of their new EVs. The company noted that investments in technology would take priority over profits in 2022. GM […]
General Motors (GM) announced today they have already received more than 110,000 reservations for the upcoming Chevy Silverado EV. The new figures were released when the automaker announced the Q4 2021 and full year earnings […]
Cruise announced today it has opened a public waitlist for customers to sign up and get a ride in one of their driverless taxis in San Francisco, California. The company, which is backed by General […]
General Motors is betting big on Michigan. The US automaker will invest $7 billion in four manufacturing facilities. This news confirms the rumours we reported earlier this month and last week. In addition, Michigan will […]
With rumours circling, it should come as no surprise that LG Energy Solutions confirmed they are building a third Ultium EV battery factory in the US. General Motors will split costs with LG Energy Solutions […]
According to reporting by Forbes, General Motors (GM) is investing a further $6.5 billion in the State of Michigan. State documents published Friday show that GM and Ultium Cells are planning an investment in electric […]
We finally have a bit of an update from General Motors (GM) on the Cadillac Lyriq. In a post on LinkedIn of all places, Marc Reuss announced that the Cadillac Lyriq EV would begin deliveries […]
