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FILE PHOTO: General Motors chair and chief executive officer Mary Barra participates in an Economic Club of Washington discussion on "the transformation of the automotive industry to an all-electric future, the path to autonomous vehicles, and the recent negotiations with GM's workforce" in Washington, U.S., December 13, 2023. REUTERS/Elizabeth Frantz/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceIndustryNews

Wall Street mostly upbeat on GM’s decision to pull the plug on Cruise

GM's Cruise shutdown signals Wall Street's waning patience with autonomous vehicle investments and speculative tech bets.

By Nora Eckert and David Shepardson11 Dec 2024Reuters
FILE PHOTO: The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessElectric Vehicles (EVs)LabourNews

General Motors beats quarterly results targets – as gas funds EV work

The automotive giant has raised its annual forecast, saying stable pricing and gas-powered vehicles will help ease investors' concerns over continued EV development.

By Nora Eckert23 Apr 2024Reuters

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Australia needs better ways of storing renewable electricity for later. That’s where ‘flow batteries’ can help

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