General Motors partnered with lithium metal battery innovator SolidEnergy Systems, MIT spinout, to develop next-generation electric vehicle batteries that would cut the cost of technology by 60%, GM President Mark Reuss shared at a Washington Post Live virtual conference on...
General Motors Co., in partnership with LG Chem Ltd., is looking into options to build a second battery factory in the United States, the Wall Street Journal reported on Thursday. A spokesman for the carmaker stated that the companies could announce a decision in the first half of this...
General Motors Company announced on Thursday that it will invest $100 million into two of its truck manufacturing plants.
Its Romulus, Michigan propulsion plant will receive an investment of $93 million, while $7 million will be invested into the Bedford, Indiana casting operations.
"Demand for...
General Motors announced on Wednesday that its GAAP diluted earnings per share stood at $1.93 in the fourth quarter of 2020 on a net income of $2.8 billion. The figures compare to a loss per share of $0.16 and a loss of $232 million in the same quarter of 2019.
In the full-year 2020, GM's EPS...
General Motors Company and Unifor, the largest Canadian private-sector union, confirmed it would invest C$1 million, or $786,000, in CAMI Assembly Plant in Ingersoll, Ontario, with the aim of producing electric vehicles (EVs).
Canadian Foreign Affairs Minister François-Philippe Champagne stated the...
General Motors Financial Company Inc. is offering senior notes maturing in 2026 and 2031, a filing with the United States Securities and Exchange Commission (SEC) revealed on Tuesday.
The size of the offering was not disclosed, but GM Financial noted that interest will be paid every six months....
Walmart announced on Tuesday it will test driverless delivery services using General Motors's all-electric Cruise vehicle.
"As part of the pilot, which begins early next year, customers can place an order from their local store and have it delivered, contact-free, via one of Cruise’s all-electric...
General Motors Co. announced on Thursday the company's revenue in the third quarter of 2020 amounted to $35.5 billion, unchanged compared to the same period a year earlier.
Earnings per share during the same quarter came in at $2.78, up 74% on the year, on income of $4 billion.
"We entered...
General Motors Co. unveiled its 2022 GMC Hummer EV sport utility truck which is set to be released next fall.
The "Edition 1" of the off-roading electric super-truck will start at $112,595 when made initially available.
"This innovative truck comes to market with speed and purpose, bringing GM another...
Shares of Nikola Corporation jumped more than 10% on Wednesday after the company's management stated that the firm will maintain its course in terms of business plans and production targets even after the resignation of Nikola's founder Trevor Milton.
A report by CNBC also revealed that...
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