GM wants U.S. Treasury to reconsider tax credits for Cadillac Lyriq EV
The Treasury and Internal Revenue Service did not classify the Lyriq as an SUV, meaning its retail price cannot be above $55,000 to qualify for up to $7,500 in federal tax credits......»»
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.”.....»»
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......»»
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......»»
Donald Trump, in Detroit, says he would make interest on car loans tax deductible
He also said if elected, he will invoke a six-year renegotiation provision of the United States-Mexico-Canada Agreement that took effect in 2020......»»
Donald Trump, in Detroit, says he would make interest on car loans tax-deductible
He also said if elected, he will invoke a six-year renegotiation provision of the United States-Mexico-Canada Agreement that took effect in 2020......»»
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......»»
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. .....»»
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......»»
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......»»
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.....»»
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......»»
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......»»
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......»»
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.....»»
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......»»
Can carbon credits help close coal plants?
A few dozen kilometers from the Philippine capital Manila sits a coal plant that some hope could be a model for how developing countries can quit the polluting fossil fuel......»»
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......»»
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......»»
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......»»
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......»»