G.M.’s Ailing China Business Will Deal It a $5 Billion Blow
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric and hybrid cars have taken off.
Posted inCompensation for Damages (Law) Decisions and Verdicts Delaware Electric and Hybrid Vehicles McCormick, Kathaleen St J Musk, Elon Stocks and Bonds Tesla Motors Inc
Elon Musk’s $50 Billion Tesla Pay Can’t Be Reinstated, Delaware Judge Rules
The judge said she would not reverse her decision to strike down the compensation package after Tesla shareholders approved Mr. Musk’s pay a second time.
Posted inAutomobiles Batteries Biden, Joseph R Jr Electric and Hybrid Vehicles Factories and Manufacturing General Motors Lansing (Mich) LG Energy Solution Presidential Election of 2024 Samsung Group Trump, Donald J
G.M. Will Sell Stake in EV Battery Plant to LG
LG Energy Solution will now solely own a factory in Michigan that it had planned to operate through a joint venture with General Motors.
Posted inBatteries Electric and Hybrid Vehicles Factories and Manufacturing kokomo (Ind) Samsung Group Stellantis NV
Stellantis and Samsung Will Get $7 Billion to Build Battery Factories
The loan, from the Biden administration, was designed to withstand Republican attacks and will be used to make electric-car batteries in Indiana.