Automaker Ford weakens profit outlook, shares fall
Ford Motor expects to meet only the lower end of its profit guidance, forecasting $10 billion in earnings, as shares drop five per...
Battery maker LGES offers measured 2025 outlook after slow EV demand drags down Q3 profit
The company also expects the result of the U.S. election next week to have a significant impact on EV market direction, its CFO...
Qualcomm, Alphabet team up for automotive AI; Mercedes inks chip deal
Qualcomm and Google partner to help automakers build custom AI voice assistants using combined chip and software technology.
US working ‘as fast as we can’ to finalize EV conversion grants: official
The U.S. Energy Department is quickly finalizing $1.7B in grants to help GM and Stellantis convert plants for EV production.
GM sounds upbeat on profit after Q3 results exceed estimates
GM's Q3 results benefit from lean inventories and a steady demand for gasoline-engine truck and SUV, sending its shares up about 7.6 per...
GM, Ford brace for investor scrutiny over pricing power, EV losses
GM and Ford face investor doubts as they report Q3 results amid challenges in gas car pricing power and EV losses.
After Nevada lithium deal, GM eyes other sources for EV minerals supply
GM ups Thacker Pass investment to $950M, doubling lithium access; eyes more North American critical mineral deals.
General Motors to contribute $625 million to Lithium Americas for new joint venture
Lithium Americas announced GM will invest $625 million in their Thacker Pass joint venture in Nevada.
Unlocking Thacker Pass: General Motors to Contribute Combined $625 Million in Cash and Letters of Credit to New Joint Venture with Lithium Americas
VANCOUVER, British Columbia--(BUSINESS WIRE)---- $LAC #Nevada--Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) announced the Company and General Motors...
EV chipmaker Wolfspeed set to receive $750 million US chips grant
Wolfspeed, which has clients including GM and Mercedes, makes silicon carbide chips for efficiently transmitting EV battery power to motors.
