Until GM builds its own, the new Chevy Bolt EV will use lower-cost LFP batteries from China’s CATL. GM will temporarily lean on CATL to power its most affordable electric vehicle. The new Chevy Bolt EV will use batteries from China The new Chevy Bolt EV is set to begin rolling off the production line… Continue reading The new Chevy Bolt EV will get cheaper LFP batteries from China’s CATL, at least for now
Tag: GM
1 Auto Stock That Actually Stands to Benefit From Tariffs
Here’s how one automaker stands to benefit from the current tariff environment. Most of the narrative around the onslaught of ever-changing tariff and trade policies has been negative. For major automakers such as Ford Motor Company and General Motors, the tariffs created an immediate speed bump in terms of added costs, but also threw in uncertainty… Continue reading 1 Auto Stock That Actually Stands to Benefit From Tariffs
From Blockchain to Space: HTX Leads GM Vietnam 2025, Justin Sun’s New Web3 Journey Takes Flight
PANAMA CITY, Aug. 7, 2025 /PRNewswire/ — HTX, a leading global crypto exchange, made a notable appearance at GM Vietnam 2025 – Vietnam Blockchain Week, held from August 1–2, 2025. As a proud sponsor of the Business Networking Zone, HTX showcased its forward-looking global strategy and reaffirmed its position as a key influencer in the Web3… Continue reading From Blockchain to Space: HTX Leads GM Vietnam 2025, Justin Sun’s New Web3 Journey Takes Flight
Clean Technica: EVs Take 33.8% Share Of The UK – Government Bungles Incentives004145
July saw plugin EVs take 33.8% share of the UK auto market, up from 27.4% year-on-year. BEVs grew in volume by 9% YoY, while PHEVs grew 33%. Overall auto volume was 140,154 units, down some 5% YoY. Volkswagen was the UK’s leading BEV brand for the month. July’s sales totals saw combined plugin EVs take… Continue reading Clean Technica: EVs Take 33.8% Share Of The UK – Government Bungles Incentives004145
Mobility as a Service Market to Grow at a CAGR of 21.9% from 2025 to 2032 | SkyQuest Technology Consulting
The mobility as a service market is anticipated to increase due to rapid urbanization has intensified traffic congestion and environmental concerns, especially in densely populated cities. Governments and urban planners are promoting mobility as a service to reduce car ownership and traffic flow. WESTFORD, Mass., Aug. 5, 2025 /PRNewswire/ — SkyQuest Technology Consulting published a… Continue reading Mobility as a Service Market to Grow at a CAGR of 21.9% from 2025 to 2032 | SkyQuest Technology Consulting
General Motors and Hyundai Motor Company Announce Plans for First Five Co-developed Vehicles
Co-development work underway for vehicles to launch in 2028 Jointly developed next-generation commercial van to be introduced in North America DETROIT and SEOUL, Aug. 6, 2025 /PRNewswire/ — Hyundai Motor Company and General Motors announced plans for their first five co-developed vehicles, marking a significant milestone in their previously announced strategic collaboration. The two companies will… Continue reading General Motors and Hyundai Motor Company Announce Plans for First Five Co-developed Vehicles
Uber beats on revenue, announces $20 billion stock buyback
watch now Uber reported second-quarter results on Wednesday that beat on revenue and announced the authorization of a $20 billion stock buyback. Here’s how the company did versus analysts’ estimates compiled by LSEG: Earnings per share: 63 cents vs. 63 cents expected. Revenue: $12.65 billion vs. $12.46 billion expected. Here are the key segment numbers: Mobility (gross bookings): $23.76 billion, up… Continue reading Uber beats on revenue, announces $20 billion stock buyback
U.S. Robo Taxi Market Analysis Report 2025-2030, with Profiles of Waymo, Cruise, Tesla, Aptiv, Uber Technologies, Lyft, Zoox, Aurora Operations, Nuro, and Gatik
Company Logo Explore the booming U.S. Robo Taxi Market, projected to grow at a 74.6% CAGR from 2025-2030. Fueled by urban policies and innovation from tech giants like Waymo and Uber, the market thrives on autonomy and affordability. Discover trends in the latest report on market growth, competitive strategies, and more. Dublin, Aug. 06, 2025… Continue reading U.S. Robo Taxi Market Analysis Report 2025-2030, with Profiles of Waymo, Cruise, Tesla, Aptiv, Uber Technologies, Lyft, Zoox, Aurora Operations, Nuro, and Gatik
Is GM’s Super Cruise Keeping it Competitive in the Auto Tech Race?
U.S. legacy automaker General Motors GM is solidifying its position in the driver-assistance game with its hands-free Super Cruise technology. Launched in 2017, Super Cruise was the first true hands-free driving system for highways in the industry. It works on pre-mapped, divided roads using a combination of cameras, sensors, GPS and LiDAR-based maps to keep… Continue reading Is GM’s Super Cruise Keeping it Competitive in the Auto Tech Race?
Tesla’s UK sales plunge 60% as BYD surges
Tesla’s (TSLA) new car sales plummeted in the UK in July, with Chinese EV maker BYD (1211.HK) selling over three time more vehicles, according to industry data. Figures from the Society of Motor Manufacturers and Traders (SMMT) showed Tesla’s new car sales dropped by nearly 60% to 987 units last month, down from 2,462 a… Continue reading Tesla’s UK sales plunge 60% as BYD surges