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GM's electrification strategy faces challenges, with slower BEV demand, battery issues, and a shift in battery technology. Read why I'm neutral on GM stock here.
GM is aggressively scaling battery cell and EV production in North America to reach our target of more than 1 million units of annual capacity by 2025, and we plan to eliminate tailpipe emissions ...
GM and Lithion Announce an Investment and Strategic Partnership Agreement to Pursue a Circular EV Battery Ecosystem PRESS RELEASE PR Newswire Sep. 22, 2022, 07:00 AM ...
Ultium Cells will invest $275 million in its Spring Hill, Tennessee, battery plant to expand EV battery cell output by 40%. The new expansion will help fuel GM’s aggressive EV strategy as it ...
GM and LG Energy Solution, through their joint venture Ultium Cells LLC, are investing $2.6 billion to build the third U.S. battery plant they have planned. Two others are in northeast Ohio and ...
Destination Charged on MSN11d
GM and LG to produce LFP battery cells at Spring Hill facility by 2027
Ultium Cells LLC, a joint venture between General Motors and LG Energy Solution, will upgrade its Spring Hill, Tennessee ...
SAIC-GM-Wuling (SGMW) and Contemporary Amperex Technology Co., Limited (CATL) have just unveiled their first battery swapping strategy for commercial EVs in China. General Motors’ second joint ...
GM CFO Paul Jacobson, on a Tuesday earnings results call, said the automaker's fourth battery cell manufacturing center is "very much on track," and he noted capacity has been expanded at two ...
GM is partnering with Samsung SDI on a $3 billion plant that is set to open in 2026 at a yet-to-be-disclosed location. "GM’s supply chain strategy for EVs is focused on scalability, resiliency ...
In the role, Kelty will be in charge of GM's battery cell strategy including the use of raw materials, research, developing and investing in new technology, and commercialization of cells and packs.
We recently published a list of 12 Best Battery Stocks to Buy According to Billionaires. In this article, we are going to take a look at where General Motors (NYSE:GM) stands against other best ...
Parks said the cathode materials plant should help GM reduce battery costs. He said the company plans to roll out a small Chevrolet crossover SUV for about $30,000, and another SUV coming at an ...
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