GM’s choice to import batteries from China reflects the challenges automakers face in balancing cost with the implications of existing US tariffs. Credit: Linda Parton/Shutterstock.com. General Motors (GM) has reportedly outlined plans to import batteries from China’s Contemporary Amperex Technology Co. Limited (CATL) for its forthcoming Chevrolet Bolt EV model. This will support GM’s EV… Continue reading GM to import CATL batteries for Bolt EV amid tariff constraints – report
Tag: GM
SoftBank reportedly bought Foxconn’s Ohio factory for the Stargate AI project
The mystery buyer of the former General Motors factory owned by Foxconn in Lordstown, Ohio is apparently SoftBank, according to Bloomberg News. SoftBank wants to use the factory to build AI servers as part of the Stargate data center project being spearheaded by the Japanese conglomerate, OpenAI, and Oracle. The report comes just a few… Continue reading SoftBank reportedly bought Foxconn’s Ohio factory for the Stargate AI project
GM Will Import EV Batteries From China’s CATL Despite Tariffs
The two-year stopgap move will power Chevy’s most affordable electric car until its venture with an LG unit can increase U.S. production. Go to Source
Car Deal of the Day: Vauxhall Frontera Electric won’t break the bank at £163 a month
Well equipped top-spec GS trim 186-mile range; easy to drive Cheaper than hybrid model at just £163.08 a month Vauxhall is betting big on electric cars. The British brand has a diverse range of cars powered by batteries, and one of the latest is the Frontera. But new doesn’t mean expensive, as our Deal of the… Continue reading Car Deal of the Day: Vauxhall Frontera Electric won’t break the bank at £163 a month
The new Chevy Bolt EV will get cheaper LFP batteries from China’s CATL, at least for now
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
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