General Motors has announced plans to sell its stake in its $2.6 billion battery cell plant jointly owned with LG Energy Solution. The transaction is reportedly worth $1 billion, equivalent to the automaker’s investment in […]
General Motors (GM) is focusing on increasing the production of its Ultium-powered EVs in an effort to make in-roads in the electric vehicle (EV) market. Despite ambitions to significantly boost Ultium EV production, GM has […]
General Motors (GM) has announced it plans to introduce Vehicle-to-Home (V2H) bidirectional charging technology across its upcoming lineup of Ultium-based electric vehicles (EVs) by the model year 2026. The V2H technology will debut in the […]
Sometimes, automakers reveal their vision of the future automobile by releasing concepts. General Motors has followed this path with the reveal of the Chevy FNR-XE concept. The Chevy FNR-XE concept made its first appearance at […]
At their upcoming Investor Day, General Motors will reportedly tell investors that the company doesn’t expects its EV program to become profitable until 2025. At the event, CEO Mary Barra and a host of GM […]
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 […]
General Motors (GM) announced today it will be adding two new versions of the Corvette to its lineup. One will be hybrid-electric, while the other will be an all-electric version of the iconic sports car. […]
General Motors has announced a new partnership with Canada’s Li-Cycle to recycle leftover raw materials from the manufacturing of their Ultium battery packs. The Mississauga, Ontario-based company will recycle up to 100% of the cobalt, […]
General Motors (GM) revealed last week in the most unlikely way that they are soon going to be throwing their hats into the electric pickup truck ring. The information didn’t come in the usual way […]
Earlier this year at their first-ever EV Day, General Motors (GM) unveiled their Ultium battery, which they promised would be cheaper and more efficient than today’s batteries. GM Executive Vice President Doug Parks now says […]
