When the world’s most valuable lithium company last year announced plans for a $1.3 billion plant in South Carolina, local officials hailed it as transformative for the Palmetto State. The high-tech project from Charlotte, N.C.-based […]
Nouveau Monde Graphite (TSX-V: NOU) (NYSE: NMG) inked on Thursday multi-year offtake agreements with General Motors (NYSE: GM) and Panasonic Holdings, with both companies also vowing to invest in the Canadian miner to help it […]
Tesla has always been willfully lousy in reporting delivery details. Today it made the obfuscation worse. By Wolf Richter for WOLF STREET. Tesla’s global deliveries in 2023 jumped by 38% to about 1.81 million vehicles, a new record […]
GM plans to lay off about 1,300 workers in Michigan starting early next year due to vehicles they produce ending production. The largest of the layoffs were expected. They include 945 workers at Orion Assembly […]
The infinite wisdom of the US legacy automakers never ceases to astound. By Wolf Richter for WOLF STREET. Ford today gave another signal in a series of signals – it’s planning to cut production of its F-150 Lightning […]
With slower than expected sales in electric vehicles, automakers are questioning their multibillion-dollar investments in new factories and raising doubts about the effectiveness of Biden’s federal incentives. General Motors delayed plans to expand its electric […]
Daily Standup Top Stories Opinion: Net-zero policies colliding with economic reality November 17, 2023 Mariel Alumit Across the advanced economies, the politics of net zero are colliding with reality, yet most politicians seem oblivious to the dynamics at […]
Across the advanced economies, the politics of net zero are colliding with reality, yet most politicians seem oblivious to the dynamics at play. The inconvenient truth is that the clean energy transition is not unfolding as foretold. Three decades […]
News|Technology The United States state of California has suspended testing of Cruise self-driving cars developed by General Motors (GM), citing safety concerns after a series of accidents and mishaps. California’s Department of Motor Vehicles (DMV) […]
General Motors is abandoning a self-imposed target to build 400,000 electric vehicles by mid-2024, the latest sign that automakers are concerned about the viability of the market for battery-powered cars. The Detroit automaker walked back […]
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