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 […]
GM limiting warranty transfers on Hummer EV to prevent flipping
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 […]
GM sells their first green bonds for $2.25 billion
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 […]
GM reveals it has over 150,000 reservations for the Chevrolet Silverado EV
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 […]
GM lands two new long-term battery deals with LG Chem and Livent
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 […]
New GM chat tool looks to fill the EV knowledge gap
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 […]
US Department of Energy to loan $2.5 billion to Ultium Cells
The United States Department of Energy announced that it intends to loan $2.5 billion to Ultium Cells. Ultium Cells is a joint-venture company between LG Energy Solutions and General Motors. The loan is to help […]
Cruise starts to map Dubai streets ahead of launch
After officially launching its commercial driverless operations in San Francisco, Cruise is now looking at its next expansion. According to Dubai’s Roads and Transport Authority, Cruise has sent two of its autonomous Chevrolet Bolt EVs […]
General Motors is providing the US Army with a Hummer EV for demo and testing
General Motors’ defense division was chosen by the US Army to deliver a Hummer EV for use as a demo. The US Army is looking to test and analyze the vehicle for its use as […]
GM and Ford seek NHTSA exemptions to test autonomous cars without manual controls
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 […]
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