Advertisements


GM touts broad profitability to build investor confidence amid EV shift

CFO Paul Jacobson said GM expects flat financial results in 2025 even if pricing declines and that the automaker's outlook should inspire confidence about its earnings potential......»»

Category: topSource:  autonews3 hr. 43 min. ago

Polestar CEO Michael Lohscheller starts review after deliveries disappoint

New boss Michael Lohscheller said the Swedish EV maker will develop its commercial capabilities so it can go “from showing to actively selling cars.”.....»»

Category: topSource:  autonewsRelated News3 hr. 43 min. ago

GM touts broad profitability to build investor confidence amid EV shift

CFO Paul Jacobson said GM expects flat financial results in 2025 even if pricing declines and that the automaker's outlook should inspire confidence about its earnings potential......»»

Category: topSource:  autonewsRelated News3 hr. 43 min. ago

Top 5 stories of the week: Stellantis executive shuffle; GM expects to pare EV losses

A quick look at the top automotive stories of the week as determined by reader interest......»»

Category: topSource:  autonewsRelated News3 hr. 43 min. ago

Stellantis confirms CEO Carlos Tavares to retire in 2026 amid broad management shake-up

The confirmation comes weeks after Stellantis said it was searching for his successor, though at the time it said it was possible he could remain after his contract expires......»»

Category: topSource:  autonewsRelated News6 hr. 50 min. ago

Apple hosted ‘Global Police Summit’ to help law enforcement use its products better, per report

Typically when Apple and law enforcement are in the news together, it’s because of a standoff over user privacy. But today, a new report outlines the company’s efforts to build bridges with law enforcement—efforts that may be changing. more.....»»

Category: topSource:  theglobeandmailRelated NewsOct 10th, 2024

GM says simplifying gasoline vehicles has made them more profitable

Earnings from the Chevrolet Trax subcompact crossover have increased roughly 20 percentage points over the previous model, General Motors President Mark Reuss said......»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

GM’s sales slide 21% in Q3; electrified vehicles top gasoline models for first time

In the third quarter, GM’s two joint ventures delivered more than 224,000 full electric and plug-in hybrid vehicles, an increase of 61 percent and 53 percent of the company's overall China sales. .....»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

Next-gen Chevrolet Bolt EV to be part of vehicle ‘family," GM says

GM President Mark Reuss said the Bolt will return for the 2026 model year with updated technology and faster charging than the original......»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

Nissan joins ChargeScape, a way for EV owners to sell watts back to the grid

Nissan is joining ChargeScape, a vehicle-to-grid (V2G) venture backed by BMW, Ford, and Honda. The launch comes ahead of Tesla's expected V2G adoption in 2025......»»

Category: topSource:  digitaltrendsRelated NewsOct 9th, 2024

GM ditches failed Ultium battery branding as its EV sales soar

GM says it's time to embrace new cell formats and chemistries. General Motors is shaking up its electric vehicle strategy once again. Despite bumper EV sales in 2024, the US autom.....»»

Category: topSource:  arstechnicaRelated NewsOct 9th, 2024

Solid-state batteries need proven benefits over lithium ion to become EV market player

As solid-state battery technology evolves, lithium ion batteries, which power the vast majority of EVs on the road, are also advancing......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

North America can seize EV leadership from China, GM battery chief says

The U.S. can seize global leadership on electric vehicle batteries as the customer base for EVs grows, said Kurt Kelty, General Motors' vice president of batteries......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

Tesla to unveil robotaxi after years of Elon Musk"s unfulfilled promises

Tesla's "Cybercab" would serve a key role in a future, company-run ride-share service. The EV maker could also show a low-cost vehicle for the masses and a self-driving van, analysts said......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

General Motors is ditching Ultium branding for its EV batteries

GM says it's time to embrace new cell formats and chemistries. General Motors is shaking up its electric vehicle strategy once again. Despite bumper EV sales in 2024, the US autom.....»»

Category: topSource:  arstechnicaRelated NewsOct 9th, 2024

Tesla to unveil robotaxi after years of CEO Elon Musk"s unfulfilled promises

Tesla's "Cybercab" would serve a key role in a future, company-run ride-share service. The EV maker could also show a low-cost vehicle for the masses and a self-driving van, analysts said......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

BYD targets 100,000 EV sales in Mexico in 2025

BYD will announce where it will build its first factory in Mexico by the end of this year......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

GM expects lower EV losses in 2025, will drop Ultium name

GM executives did not say if EVs will be profitable in 2025. They pointed to the improving trajectory as a sign of progress in GM's EV strategy......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

GM plans $145M battery cell plant in suburban Detroit

Construction is expected to start next month at GM's Global Technical Center campus in Warren, Mich. Cell production is expected to start in 2027......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Lower-priced Chevy Silverado EV retail trim to qualify for $7,500 tax credit

The 2025 Silverado EV LT will have a range of up to 408 miles and a 12,500-pound tow rating, surpassing the Ford F-150 Lightning's top specs of 320 miles and 10,000 pounds......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

GM drops Ultium name for EV platform

General Motors said at an Oct. 8 investor day that it expects to build roughly 200,000 EVs this year as it targets profitability......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024