Posts Tagged: GM EVs

LG Energy to invest $4.5 billion to expand its US battery production capacity

LG Energy has announced that by the end of 2025, it will invest more than $4.5 billion in its US-based business to increase its battery production capacity by 70 GWh. LG and GM are currently discussing plans to build a second joint venture plant in the US, which is expected to have a production capacity… Read more »

GM and LG may build a second battery factory in Tennessee

If GM is going to electrify most of its lineup by 2035, it’s going to need a lot more batteries. Sending out press releases is fast and free, but building supply chains takes years and billions, so one indication of whether the automaker’s announced deadline is a serious objective or a mere aspiration will be… Read more »

2022 Bolt EUV model that Chevy calls an SUV joins an updated Bolt EV priced from $31,995

For 2022, the Chevrolet Bolt lineup will expand from one to two models, with a new, so-called SUV version added alongside the original hatchback. Importantly, the Bolt siblings will take on a new role as the most affordable entries in a lineup of Chevrolet electric vehicles expected to grow significantly by 2025. Chevy dubs its… Read more »

Proposed legislation would restore federal EV tax credit to GM and Tesla

Democrats in the House of Representatives have reintroduced the GREEN Act (Growing Renewable Energy and Efficiency Now), which among many other tax code revisions would once again allow Tesla and GM customers to claim federal EV tax credits. A similar bill failed to pass in 2020, but the prospects for passage seem bright under the… Read more »

Is Ford’s increase in EV investment a shot across GM’s bow?

Ford’s Q4 2020 earnings report included an announcement that the automaker will increase its investments in electrification to at least $22 billion through 2025, nearly twice the previously-announced level (the company also committed an additional $7 billion to autonomous vehicle tech). As auto analyst John Voelcker pointed out, Ford’s figure tops GM’s announced investment of… Read more »

Merchants Fleet to buy 12,600 commercial EVs from GM’s BrightDrop

Merchants Fleet, a national fleet management company, plans to procure 12,600 light commercial EVs from BrightDrop, GM’s recently-announced business venture. Merchants Fleet expects the BrightDrop EV600, an electric van optimized for last-mile goods delivery, to enter its clients’ fleets starting in early 2023. BrightDrop’s EV600 will be built on GM’s Ultium platform. The new e-van… Read more »

GM aspires to stop selling ICE cars by 2035, will roll out 30 pure EVs by 2025

GM has thrown down the electric gauntlet to the auto industry, announcing plans to become carbon-neutral by 2040, and to set “science-based targets” to achieve carbon neutrality. GM worked with the Environmental Defense Fund to “develop a shared vision of an all-electric future and an aspiration to eliminate tailpipe emissions from new light-duty vehicles by… Read more »

GM announces new business venture to produce electric delivery vans

Over the past few months, GM has gotten a lot more serious about electrification, unveiling a new EV platform, plans for more investment and more electrified models, and most recently, a new EV-centric marketing campaign. However, some have been pointing out the gap between the automaker’s high-wattage future plans and its flickering present (only one… Read more »

GM’s Everybody In campaign evokes an inclusive, electric future

General Motors has introduced a new marketing campaign designed to assert its new commitment to e-mobility. The Everybody In campaign is “a call to action meant to reflect a movement that’s inclusive and accessible.” The automaker’s vision is that electric, autonomous vehicles can enable a world with “zero crashes, zero emissions and zero congestion.” GM’s… Read more »

GM changes course, no longer backs Trump’s crusade against California emissions rules

Elections have consequences. GM has announced it will reverse course, and no longer back the Trump administration’s effort to bar California from setting its own emissions rules. GM CEO Mary Barra said in a letter to environmental groups that the company is “immediately withdrawing from the preemption litigation and inviting other automakers to join us.”… Read more »