Well, what do you know! It appears the historic Lordstown deal is going to happen after all. Lordstown Motors (LMC) has formally announced its acquisition of the former GM manufacturing complex in Lordstown, Ohio. LMC, a spin-off of Workhorse Group (NASDAQ: WKHS), plans to begin production of an electric pickup at the Lordstown plant starting… Read more »
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EV Connect and GM aim to enhance Bolt drivers’ charging experience
EV Connect and GM will partner to improve the charging experience of Chevrolet Bolt drivers by providing real-time charging station data, including updates on the status of chargers. The data will be used in future versions of the myChevrolet app. Jordan Ramer, founder and CEO of EV Connect, said, “For society to fully realize all the benefits… Read more »
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 »
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 »