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GeneralMotors and Honda today signed a non-binding memorandum of understanding (MoU) following extensive preliminary discussions toward establishing a North American automotive alliance. This alliance will help both companies accelerate investment in future mobility innovation by freeing up additional resources.
GeneralMotors small-block V8s have long been famous for boasting solid reliability at competitive prices. However, this isnt helping customers with damaged engines in the interim and reports are now circulating that dealers are hoarding motors. Images: GeneralMotors] Become aTTAC insider.
Cirba Solutions (previously Retriev Solutions, LLC) has extended a prior agreement with GeneralMotors (GM) to recycle electric vehicle (EV) lithium-ion battery and cell scrap generated by manufacturing and research at select GM facilities through 2024.
Initial funding of the VP3 effort was made possible by GeneralMotors and Google Nest. VP3 includes founding members Ford, GeneralMotors, Google Nest, OhmConnect, Olivine, SPAN, SunPower, Sunrun, SwitchDin, and Virtual Peaker. In a VPP, decentralized distributed energy resources (DERs) are aggregated into a portfolio.
United States Steel Corporation will supply GeneralMotors with its advanced and sustainable steel solution called verdeX steel. The steel is manufactured with up to 75% fewer emissions compared to traditional blast furnace production [ 1 ] , is made with up to 90% recycled content, and is endlessly recyclable without degradation.
GeneralMotors (GM) CEO Mary Barra admitted earlier this year that the company faltered in 3 important areas in 2023: manufacturing electric vehicles (EVs), addressing software issues, and making sense of its self-driving division called Cruise. continued] The post Cruise And Its Parent Company, GeneralMotors, Must Pay $1.5
GeneralMotors (GM) announced a $10 million investment for battery development. The company’s venture capital arm, GM Ventures LLC, is investing $10 million in Forge Nano, a materials science company. GeneralMotors has been developing its EV battery supply by expanding its partnerships with companies worldwide.
GeneralMotors has acquired substantially all the assets of Israel-based battery software startup ALGOLiON Ltd. ALGOLiON has developed cutting edge battery analytics and prediction software that will help GeneralMotors deliver great performing EVs for our customers. for an undisclosed sum. and Alex Nimberger, Ph.D.
When asked about what has kept him at Tesla for so long, however, the design lead points to the company’s mission, noting that his young self would be “shocked” if he saw what he was working on today and how much he has learned. The design head’s past employers were Mazda, GeneralMotors (GM), and Volkswagen.
GeneralMotors has begun deliveries of its first next-generation electric vehicles, the GMC HUMMER EV Edition 1 Pickup and BrightDrop EV600 light commercial vehicle, both built on the Ultium Platform. Photo by Jeffrey Sauger for GeneralMotors). million to benefit the Tunnel to Towers Foundation.
At a Washington Post Live virtual conference, GeneralMotors President Mark Reuss provided more details about GM’s next-generation Ultium lithium metal battery and announced a joint development agreement with lithium metal battery innovator SES (formerly known as SolidEnergy Systems) ( earlier post ). —Mark Reuss.
GeneralMotors (GM) will allegedly purchase LFP (lithium iron phosphate) batteries produced with technology from China-based CATL (Contemporary Amperex Technology Co.). Based on Teslarati’s understanding, Japanese company TDK Corp. will fund and operate a new plant in the United States.
KNOXVILLE, Tennessee Pilot Company (Pilot), GeneralMotors (NYSE: GM) and EVgo Inc. NASDAQ: EVGO) today announced their collaborative network has reached more than 130 electric vehicle (EV) fast-charging locations in over 25 states.
BYD and Uzavtosanoat JSC (UzAuto) signed an agreement to establish a joint venture company producing new energy vehicles (NEVs). The new joint venture company, which will manufacture best-selling NEVs including the DM-i super hybrid models and related parts, is anticipated to be based in Uzbekistan.
In July, GeneralMotors agreed to form a strategic investment and commercial collaboration with CTR to secure sustainably produced lithium from CTR’s Hell’s Kitchen Lithium and Power. Earlier post.). CTR alone, expects to create an estimated 480 construction jobs and 930 project jobs for Stages 1 and 2 at Hell’s Kitchen.
GeneralMotors’ Chevrolet brand reported US deliveries of 19,700 units of the Bolt EV/EUV in Q1 2023. Combined with Cadillac LYRIQ deliveries of 968 units—and the delivery of 2 units of the HUMMER EV Pickup—GeneralMotors delivered 20,670 battery-electric vehicles in Q1. This represented 3.4%
GeneralMotors will invest more than $81 million into the company’s Global Technical Center in Warren, Michigan, to prepare the campus to build the Cadillac CELESTIQ ( earlier post ). —Mark Reuss, president, GeneralMotors. Cadillac CELESTIQ show car.
—project Principal Investigator and American Battery Technology Company CEO Ryan Melsert. Enabled by a cooperative agreement with the US Department of Energy (DOE), USABC’s mission is to develop electrochemical energy storage technologies that advance commercialization of next generation electrified vehicle applications.
GeneralMotors expects its Spring Hill Manufacturing plant will be powered by 100% solar energy beginning in late 2022. Green tariff solutions are a key component of GM’s renewable energy strategy and allow the company to work with utilities to provide renewable energy solutions near its facilities.
Magna has secured new business from GeneralMotors (GM) to supply battery enclosures on the all-new 2024 Chevrolet Silverado EV. The company will produce the enclosures at its Magna Electric Vehicle Structures facility in St. The company is hiring for various positions including managers, engineers, operators, and more.
Of the three general categories of electrical steels—motor lamination, grain-oriented (GO) and non-grain-oriented (NGO)—Big River Steel initially focused on the full spectrum of motor lamination steels. Earlier post.)
Nikola Corporation and GeneralMotors Co. As part of the agreement, Nikola will utilize GeneralMotors’ Ultium battery system and Hydrotec fuel cell technology, representing a key commercialization milestone for GeneralMotors. Nikola is one of the most innovative companies in the world.
Mary Barra and Euisun Chung sign the memorandum GeneralMotors and Hyundai have announced an agreement to explore potential future collaborations in strategic areas such as vehicle development, supply chain solutions, and clean-energy technologies.
—Reeshemah Howard, Sustainability Mission Leader, GeneralMotors. Striving to eliminate waste and optimize use of sustainable materials in automotive operations and products is a key priority for our member companies. —Lecedra Welch, Program Manager, Environmental Sustainability, AIAG.
The company is targeting a 1,000-watt-hour per kilogram energy density, around three times that of the most energy-dense batteries today. All of that sounds promising, but startup life is volatile and there are many well-funded companies working on new battery technologies. Images: Theion, GeneralMotors] Become aTTAC insider.
GeneralMotors and Red Hat Inc., The companies expect to expand an ecosystem of innovation around the Red Hat In-Vehicle Operating System, which provides a functional-safety certified Linux operating system foundation intended for the ongoing evolution of GM’s Ultifi software platform ( earlier post ).
automaker outside of Tesla to turn a profit on EVs GeneralMotors still aims to eliminate tailpipes from its light-duty passenger vehicles by 2035, CEO Mary Barra said in an interview.
In 2018, GeneralMotors and Honda announced they were partnering on new advanced chemistry battery components, including the cell and module, to accelerate both companies’ plans for all-electric vehicles. —Naosumi Tada, head of CATL’s Japanese subsidiary. Earlier post.). Earlier post.).
GeneralMotors plans to invest $632 million in Fort Wayne Assembly to prepare the plant for production of the next-generation internal combustion engine (ICE) full-size light-duty trucks. This investment will enable the company to strengthen its industry-leading full-size truck business.
GeneralMotors and Honda have agreed to develop jointly two all-new electric vehicles for Honda, based on GM’s highly flexible global EV platform powered by proprietary Ultium batteries. GeneralMotors’ all-new modular platform and battery system, Ultium. GM unveiled the platform and batteries in early March.
Merchants Fleet, the US’ fastest growing fleet management company (FMC), has reserved 5,400 BrightDrop EV410s, the all-new, mid-size electric light commercial vehicle purpose-built for the delivery of goods and services over long ranges, as well as other service applications. Earlier post.)
GeneralMotors has agreed to form a strategic investment and commercial collaboration with Controlled Thermal Resources (CTR) to secure sustainably produced lithium from the CTR’s Hell’s Kitchen Lithium and Power development, located in the Salton Sea Geothermal Field in California.
Hydrogen mobility and clean energy company, HYZON Motors, and Total Carbon Neutrality Ventures, the venture capital arm of European energy giant Total SE, announced a strategic investment led by Total and other specialist hydrogen investors.
Powered by GeneralMotors’ (GM) Ultium Platform, the AWD Zevo 600 is designed for last-mile deliveries, with an estimated range of up to 400 kilometers (249 miles) on a full charge. The company plans for 50% of its global PUD vehicle purchases to be electric by 2025, rising to 100% of purchases by 2030. Earlier post.)
EVgo and GeneralMotors have surpassed 1,000 fast charging stalls as part of their collaboration to expand fast-charging infrastructure. The companies also helped to launch Plug and Charge in 2022, a feature that allows drivers to start a session simply by plugging in, no additional payment authentication needed.
Autonomy, the nation’s largest electric vehicle subscription company, placed an order for 23,000 electric vehicles with 17 global automakers to expand and diversify its subscription fleet beyond Tesla. The fleet order is valued at $1.2 The 23,000-unit order represents 1.2% The 23,000 order represents 1.2%
GeneralMotors and Liebherr-Aerospace will join forces to develop a hydrogen fuel cell power generation demonstrator system for aircraft. The two companies will explore possiblities to develop an integrated system, customized to the performance and economic requirements of commercial aircraft.
GeneralMotors has begun retail production of the 2023 Cadillac LYRIQ ( earlier post ) at GM’s Spring Hill, Tennessee, assembly plant. GM announced a commitment to invest $2 billion in Spring Hill Assembly in October 2020. An additional $2.3 For home charging, LYRIQ offers a segment-leading 19.2
Based on company announcements through 2020, about 5% of this global total is actively being invested in local US assembly plants. About 33% of GeneralMotors’ $27-billion EV commitment is being invested in specific US assembly plants. Source: The ICCT. Estimated global light-duty vehicle production through 2025, by automaker.
This approximately 137,000 square foot facility is currently vacant and was previously used for the recycling of lead-acid batteries, and as such is already designed and permitted for similar operations.
Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercial fleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). billion transaction provides Lordstown Motors with $675 million of gross proceeds.
In support of GeneralMotors’ vision of a zero-emissions, all-electric future, Buick will bring its first electric vehicle to market for North America in 2024. Buick is committing to an all-electric portfolio by the end of the decade. Buick’s future EV products will carry the Electra name, drawing inspiration from the brand’s history.
GeneralMotors is leading a $60-million Series B financing round in Mitra Chem , a Silicon Valley-based, AI-enabled battery materials innovator. Mitra Chem is building the first North American lithium-ion battery materials product company that shortens the lab-to-production timeline by more than 90%.
At an event in the GM Tech Center campus in Warren, Michigan, GeneralMotors unveiled the core of its new strategy to grow the company’s EV sales quickly, efficiently and profitably. Photo by Steve Fecht for GeneralMotors). GM’s all-new modular platform and battery system, Ultium.
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