Search Results Found For: "gm"

GM says equipping the next-gen Chevy Bolt EV with LFP batteries will save billions

EV enthusiasts were disappointed at GM’s decision to discontinue the popular (if a bit dull) Chevy Bolt EV last year. In hindsight, the move may have been premature—the new Ultium EVs that were supposed to replace the Bolt in GM’s lineup have been delayed, causing the company to post embarrassingly low EV sales figures for… Read more »

GM insiders explain why Ultium EV production stalled

As the popular narrative has it, GM, Ford et al are walking back on their electrification plans because EV sales have slowed. Seldom mentioned in the headlines is the fact that GM and others have very few EVs for sale at the moment, and have fallen way behind their putative schedules for releasing new models…. Read more »

GM hires EV superstar Kurt Kelty as Vice President of Batteries

It’s plain to anyone who follows the auto industry that there are pro-EV and anti-EV factions at every legacy automaker. For the last three decades, the OEMs’ interest in EVs has flapped this way and that in the winds of quarterly earnings and political shifts. Last fall, the “let’s wait awhile” contingent appeared to have… Read more »

GM’s rosy year-end figures obscure the fact that legacy automakers are in deep trouble

Duplicitous doublespeak has become de rigueur dialect in the auto industry. “We remain committed to an all-electric future,” says GM as it announces a rollback of its electrification plans. “We strongly believe in EVs,” say auto dealers as they support efforts to slow the EV transition. “The greatest responsibility for us as a company is… Read more »

GM acquires casting specialist TEI, a key enabler of Tesla’s gigacasting process

Tesla’s gigacasting process, which uses giant casting machines to make car bodies with just a few massive cast parts, allows the company to greatly simplify chassis assemblies, saving loads of time, money and factory space. Other automakers, including Ford, Hyundai and several Chinese brands, have taken a keen interest in the technology. Tesla’s process relies… Read more »

GM agrees to unionize EV battery plants. Will other US automakers follow suit?

The United Autoworkers’ strike doubtless has multiple causes, but the transition to EVs is certainly one bone of contention. EVs are simpler machines than legacy vehicles, and many expect this to translate into less demand for human labor. A wave of new battery plants will surely create new jobs, but some fear that automakers will… Read more »

GM invests in battery materials innovator Mitra Chem

GM has invested $60 million in a Series B financing round for Mitra Chem, a Silicon Valley-based battery materials innovator. GM and Mitra Chem will develop new iron-based cathode active materials (CAM), namely lithium manganese iron phosphate (LMFP), to power EV batteries compatible with GM’s Ultium Platform EV propulsion architecture. GM’s funding will help Mitra… Read more »

GM to offer V2H bidirectional charging tech for all upcoming Ultium-based EVs

GM says it will offer vehicle-to-home (V2H) bidirectional charging technology across its portfolio of Ultium-based EVs by model year 2026. The first V2H-equipped vehicles will be the 2024 models of the Chevrolet Silverado EV RST, GMC Sierra EV Denali Edition 1, Chevrolet Blazer EV, Chevrolet Equinox EV, Cadillac LYRIQ and the upcoming Cadillac Escalade IQ…. Read more »