General Motors Co. announced Tuesday it’s forming a new business called GM Energy for energy management products and services to expand growth opportunities beyond selling vehicles. Ultium Charge 360, introduced in April, will be part of GM Energy, and its portfolio of integrated public charging networks and mobile apps will expand. The company also introduced… Continue reading GM creates new energy business
Author: Detroit News Online
GM to invest in Australian minerals company to secure nickel, cobalt supplies
General Motors Co. on Tuesday said it has secured a new source of nickel and cobalt for its Ultium battery cells through an investment of up to $69 million in an Australian minerals exploration company. The Detroit automaker announced it is investing in Queensland Pacific Metals for the development of the company’s proposed Townsville Energy… Continue reading GM to invest in Australian minerals company to secure nickel, cobalt supplies
Stellantis details ‘circular economy’ business unit to get most use from parts
A new division of the maker of Jeep SUVs and Ram pickup trucks has the mission of ensuring the vehicles and their parts last as long as possible as the industry battles parts constraints and fears of electric-vehicle battery shortages in the future. Stellantis NV’s “circular economy” business unit is one of seven pillars of… Continue reading Stellantis details ‘circular economy’ business unit to get most use from parts
Europe’s car output to plummet by millions, S&P predicts
This content is only available to subscribers. Get unlimited digital access. $1 for 6 months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Europe’s car output to plummet by millions, S&P predicts
China’s electric truck boom could pull peak oil demand forward
This content is only available to subscribers. Get unlimited digital access. $1 for 6 months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading China’s electric truck boom could pull peak oil demand forward
State suspends license of Carvana dealership in Novi over alleged code violations
The Michigan Department of State has suspended the license of a Novi dealership for online used-car retailer Carvana “for imminent harm to the public,” according to a news release from the agency. The dealership in question — which in 2020 debuted with one of Carvana’s signature car “vending machines” — is at 26890 Adell Center Drive and has… Continue reading State suspends license of Carvana dealership in Novi over alleged code violations
Stellantis signs non-binding supply deal for raw materials needed for EV batteries
Jeep maker Stellantis NV on Monday announced it has signed a non-binding memorandum of understanding with a supplier for raw materials needed to build electric-vehicle batteries. The agreement between Stellantis and GME Resources Limited — which owns a nickel and cobalt project in western Australia — is the latest example of automakers moving to shore up… Continue reading Stellantis signs non-binding supply deal for raw materials needed for EV batteries
Ford, GM report mixed Q3 results in China as auto market continues COVID recovery
Crosstown rivals General Motors Co. and Ford Motor Co. reported mixed results in China in the third quarter as the world’s largest car market continued its recovery from COVID-related disruptions earlier this year. GM and its joint ventures in China delivered nearly 630,000 vehicles in Q3 — up about 1% year-over-year as the Detroit automaker… Continue reading Ford, GM report mixed Q3 results in China as auto market continues COVID recovery
Chinese firm tests electric flying taxi in Dubai
Dubai, United Arab Emirates – A Chinese firm tested out an electric flying taxi in Dubai on Monday, offering a glimpse of futuristic technology that could one day whisk people through cities high above any traffic. The XPeng X2, developed by the Guangzhou-based XPeng Inc’s aviation affiliate, is one of dozens of flying car projects… Continue reading Chinese firm tests electric flying taxi in Dubai
Amazon to invest $972M for electric vans, trucks in Europe
New York – Amazon said Monday it will invest 1 billion euros ($972.1 million) to add thousands of electric vans, long-haul trucks and cargo bikes to its delivery network in Europe. The investment would grow the number of electric delivery vans the company has in Europe from roughly 3,000 to 10,000 by 2025, the Seattle-based… Continue reading Amazon to invest $972M for electric vans, trucks in Europe