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California
Electric Vehicles

California hits pause on GM Cruise self-driving cars due to safety concerns

October 24, 2023 Mariel Alumit

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) […]

GM Scales Back EV Plans as Buyers Hesitate
Electric Vehicles

GM Scales Back EV Plans as Buyers Hesitate

October 24, 2023 Mariel Alumit

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 […]

Celestiq
Electric Vehicles

GM confirms Cadillac Celestiq starts at a whopping $340K

August 4, 2023 Mariel Alumit

GM has now confirmed the official starting price of the Cadillac Celestiq: $340,000 before any option. When GM first announced the Celestiq, we anticipated that it would be expensive, considering that GM said it would […]

Electric Vehicles

EV Truck Wars: GM Says $40,000 Silverado Will Have 450-Mile Range

May 20, 2023 Mariel Alumit

With a 450-mile range on a single charge, the electric version of the 2024 Chevrolet Silverado is set to have the best in range versus its competitors by a significant margin. As more and more […]

Electric Vehicles

GM Kills Chevy Bolt, Paving Path for Electric Pickups

April 26, 2023 Mariel Alumit

General Motors Chair and CEO Mary Barra announced that production of the Chevrolet Bolt EV and Bolt EUV would be halted by the end of 2023. This aligns with the GM’s plan to transition the […]

Price
Electric Vehicles

U.S. Auto Sales Grow In Q1 As Inventories Rise, Led By 18% Jump For GM

April 5, 2023 Mariel Alumit

U.S. auto sales rose more than expected in the first quarter of 2023 on the back of rising vehicle inventories and fleet sales, offsetting elevated prices and high auto loan rates. General Motors (GM) on […]

Critical Minerals

General Motors Digs Into Mining Business to Lead Race for EV Metals

February 18, 2023 Mariel Alumit

​General Motors is trying to speed ahead in the race for metals underpinning the industry’s shift to electric cars.The US automaker is competing for a stake in Vale’s base metals unit, people familiar with the matter said this […]

Electric Vehicles

GM Joint Venture To Invest $275 Million More In Tennessee Battery Plant

December 4, 2022 Mariel Alumit

General Motors and South Korean battery company LG Energy Solution announced their joint venture will invest an additional $275 million into its Tennessee Electric Vehicle (EV) battery cell manufacturing plant. Officials representing the joint venture […]

Geopolitical

GM Jumps 5% After Reaffirming EBIT Guide, Beating Q3 Estimates

October 25, 2022 Mariel Alumit

General Motors shares are up about 5% in the pre-market session after the automaker reaffirmed its full year adjusted EBIT guidance, which was higher than analyst expectations, after also reporting better than expected third quarter […]

U.S. Ramps Up Battery Production With 13 New Gigafactories - ENB
Electric Vehicles

U.S. Ramps Up Battery Production With 13 New Gigafactories

January 8, 2022 Mariel Alumit

3 new battery cell gigafactories are expected to come online in the U.S. by 2025. The next decade will be defined by a massive increase in utility-scale storage GM, Ford, Tesla, SK Innovations and LG […]

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