Search Results Found For: "gm"

Is Workhorse’s deal to buy Lordstown plant from GM to build electric pickup too good to be true?

News travels by strange paths these days. The world first learned of a tentative deal for electric truck maker Workhorse to buy GM’s idled Lordstown, Ohio plant via a self-congratulatory tweet by the President of the US. If the deal goes through, it could be a win-win-win-win: Workhorse might receive a windfall like the one… Read more »

GM delivering Buick Velite EV in China

Buick unveiled the brand’s first electric model, the Velite 6, at the recent Shanghai auto show. According to Buick, Velite 6 isn’t quite a hatchback or a crossover or a wagon, but something in between: a “multiactivity vehicle” (MAV). The all-electric Velite 6 is built on a new platform that GM designed together with its… Read more »

GM to collaborate with EVgo, ChargePoint and Greenlots

General Motors will partner with EVgo, ChargePoint and Greenlots, three of the US’s largest charging networks, to give its customers access to over 31,000 charging ports. GM plans to aggregate dynamic data from each of the networks to offer owners of the Chevrolet Bolt EV a more seamless charging experience. GM expects to finalize the… Read more »

Keeping federal EV tax credit alive a tough sell for GM as it lays off workers and closes factories

General Motors is fighting to retain the $7,500 federal tax credit for plug-in vehicle purchases, but the company’s recently announced layoffs and plant closings may make it a tough sell in Washington. As GM nears the 200,000-vehicle cutoff point after which the tax credit will be phased out, the incentive’s very existence is uncertain. One… Read more »

GM lays off 15% of workforce, kills Volt, promises more EV investment

Seldom has the future of an industry turned sour so quickly. US automakers have enjoyed several years of record profits, but the wild ride is coming to a screeching halt as global trends point to a future of reduced demand, curtailed product lines and the need to invest large sums in new technologies. As part… Read more »

Tesla, GM and Nissan advocate for extending the federal EV tax credit

The federal EV tax credit is something of a blunt instrument, but there’s little doubt that it has encouraged a substantial number of EV purchases. The future of the $7,500 tax credit is uncertain. Recently, one Republican senator introduced a bill to expand the credit, and another introduced a bill to get rid of it… Read more »

As EPA moves to water down fuel economy standards, GM tries to change the subject

The Trump administration is determined to roll back US fuel economy standards, but for now at least, it will have to go through a complex legally mandated process, including a period of public comments, a customary formality that ended last week. Also last week, GM issued a press release in which it made no comment… Read more »

Will GM’s executive reshuffle increase emphasis on EV infrastructure?

General Motors is restructuring the leadership of its global strategy and electrified vehicle units. Pam Fletcher, currently VP of Global Electric Vehicle Programs, will take over the newly created position of Vice President, Innovation, reporting directly to CEO Mary Barra. Ms. Fletcher previously reported to Doug Parks, VP of Autonomous and Electric Vehicle Programs. Mr…. Read more »

Honda and GM partner to develop next-gen battery

GM and Honda have agreed to develop new battery chemistry components in order to hasten their plans for future all-electric vehicles. They seek to improve power density, packaging size, and charging capabilities for their up-and-coming EVs. Honda intends to source the new modules from GM in the future. This is not their first partnership; they… Read more »

GM CEO Mary Barra: Congress should expand the federal EV tax credit

Mary Barra says GM plans to boost production of its Chevrolet Bolt in response to strong demand, and called on Congress to expand the federal EV tax credit. “We feel tax credits should be expanded so our customers continue to receive the benefit going forward,” Barra told an energy conference in Houston. “We believe in… Read more »