Wednesday, 5 February 2025

Focus on General Motors Company

FILE PHOTO: A smartphone with a displayed Qualcomm logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNews

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.

FILE PHOTO: The Chrysler Airflow concept is displayed at the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo
EconomyElectionsElectric Vehicles (EVs)IndustryNewsPoliticsTrade

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.

FILE PHOTO: Vehicles of automobile brands belonging to General Motors Company are seen at a car dealership in Queens, New York, U.S., November 16, 2021. REUTERS/Andrew Kelly/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

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...

FILE PHOTO: A Ford logo is pictured at the Canadian International Auto Show in Toronto, Ontario, Canada February 15, 2024. REUTERS/Cole Burston/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

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.

FILE PHOTO: The new 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
BusinessCritical MineralsElectric Vehicles (EVs)News

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.

FILE PHOTO: The new 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
BusinessConstructionCritical MineralsElectric Vehicles (EVs)MiningNews

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.

News ReleaseNews

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...

FILE PHOTO: View of a Wolfspeed's Silicon Carbide (SiC) Wafer during an event on the future of the decommissioned coal-fired power plant in the Western German Saarland region in Ensdorf, Germany, February 1, 2023. REUTERS/Thilo Schmuelgen/File
AutomotiveBusinessElectric Vehicles (EVs)FinanceManufacturingNews

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.

FILE PHOTO: The new 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
BusinessElectric Vehicles (EVs)IndustryInfrastructureManufacturingNewsStorageTransmission

GM offering new home energy storage options for US EV owners

GM is offering electric vehicle owners a home storage option to store and transfer solar energy, part of the company's sales pitch to...

Tesla watchers are expecting the company to unveil a prototype of its robotaxi -- and are watching with both anticipation and skepticism (GETTY IMAGES NORTH AMERICA)
BusinessElectric Vehicles (EVs)IndustryManufacturingNews

Will Tesla’s robotaxi reveal live up to hype?

Elon Musk to unveil Tesla's robotaxi prototype at Thursday's event amid anticipation, skepticism, and autonomous tech rivalry.

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