Tag:

General Motors

GM, Samsung SDI to invest $3 bn to build EV battery plant in US

General Motors and Samsung SDI said they will invest over $3 billion to build an electric vehicle (EV) battery manufacturing plant in the U.S. Expected to...

GM, LG Energy shelve plan for fourth battery plant

General Motors and LG Energy Solution have shelved plan for making investment in a fourth battery cell manufacturing plant in the United States, a news...

General Motors expects EV business to generate $50 bn revenue

General Motors (GM) said its electric vehicles business will be profitable in 2025 in North America as the company scales EV capacity in the...

General Motors adds Vale to its list of battery material suppliers

General Motors has added Vale to its list of battery material suppliers as the US-based automaker aims to address increasing EV competition beyond 2025,...

General Motors finalizes energy sourcing deals

General Motors announced the finalization of energy sourcing agreements to secure 100 percent of the energy to power all its U.S. facilities by 2025. GM...

GM to invest $760 mn to shift Ohio plant to EV-part production

General Motors said it will invest $760 million at its Toledo, Ohio factory to build drive units for electric trucks. GM said its Ohio factory will...

GM invests $81 mn to build Cadillac Celestiq EV flagship in Michigan

General Motors (GM) will invest $81 million to build its future Cadillac Celestiq electric flagship sedan at GM’s Warren Technical Center. The Celestiq, which will share battery...

Will GM’s $7 bn EV investment in Michigan take on Ford, Tesla

General Motors said it will make an investment of $7 billion in Michigan, mainly aimed at enhancing production of full-size electric pickups. Rival Ford Motor...