Category: General Motors

LG Will Spend $5.5 Billion on a Battery Factory in Arizona

Investment plans for U.S. battery production have increased since President Biden signed a law that offers generous incentives for electric cars and green energy.
Falling Lithium Prices Are Making Electric Cars More Affordable

An unexpected decline in the price of an essential battery material, along with those of other commodities, is good news for buyers. But experts disagree on how long low prices will last.
Carmakers Are Pushing Autonomous Tech. This Engineer Wants Limits.

Missy Cummings, who spent more than a year at the federal auto safety agency, said that drivers were putting too much trust in systems like Tesla’s Autopilot and that regulators needed to restrict their use.
Beyond Silicon Valley, Spending on Technology Is Resilient

Despite an uncertain outlook, corporations plan to continue investing in their digital projects — a source of stability for the economy.
Electric Vehicles Could Match Gasoline Cars on Price This Year

Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than expected.
General Motors Reaches Deal to Ensure Its Chip Supply

The semiconductor maker GlobalFoundries will dedicate part of its output to G.M. as the automaker offers more electric vehicles and driver-assistance systems.
GM Posts Solid Profit as It Pushes to Take On Tesla in EVs

Aiming to make a million electric vehicles a year by 2025, General Motors is investing in a Nevada lithium mine to help with battery production.
Auto Sales Likely Fell in 2022 Because of Supply Chain Chaos

Automakers have been hampered by the supply of semiconductors and higher interest rates.
Tax Credits for Electric Vehicles Are About to Get Confusing

Foreign-made cars no longer qualify. Tesla and G.M. are eligible again. But officials are still working on the fine print.
GM Unit’s Self-Driving Taxis Are Subject of US Safety Investigation

The National Highway Traffic Safety Administration is looking into unexpected braking by cars operated by Cruise, a part of General Motors.
Workers at E.V. Battery Plant in Ohio Vote to Unionize

The result, at a plant owned by General Motors and a South Korean company, is a milestone for the auto union in organizing electric vehicle workers.
GM Reports Increased Profits in Third Quarter Amid High Inflation

General Motors sold more cars in the third quarter after struggling with a shortage of computer chips earlier in the year.