Tag: GM

GM to produce lower-cost battery cells at Tennessee plant

By Nora Eckert DETROIT (Reuters) -General Motors is planning to produce lower-cost battery cells at its joint-venture plant with South Korea’s LG Energy Solution in Tennessee. The Detroit automaker is rolling out production of lithium-iron-phosphate (LFP) batteries, a technology that is gaining popularity at other automakers in the U.S. including at cross-town rival Ford Motor.… Continue reading GM to produce lower-cost battery cells at Tennessee plant

General Motors Halts Production at Mexico Plant for Several Weeks

General Motors Company GM is temporarily halting production at its pickup truck plant in Silao, Mexico, for several weeks, which will affect the output of its highest-selling models, per Reuters. While GM acknowledged the production pause, it did not specify the break time.  Per sources, the Silao facility, which manufactures the Chevrolet Silverado and GMC… Continue reading General Motors Halts Production at Mexico Plant for Several Weeks

GM to challenge China’s LFP monopoly with upgraded battery factory

GM said Monday it is working with joint venture partner LG Energy Solution to upgrade its Ultium battery factory to make lithium-iron-phosphate cells for the automaker’s low-cost EVs. The factory’s overhaul will give LFP production in the United States a significant boost. Despite being invented and commercialized in the U.S., today the vast majority of… Continue reading GM to challenge China’s LFP monopoly with upgraded battery factory

Chinese EVs take off in the UK as BYD closes in on Tesla

The UK has become a pivotal market for Chinese electric vehicle (EV) manufacturers, accounting for 30% of all Chinese electric models sold across Europe. The number of electric cars on UK roads has nearly doubled in the past two years, and nearly one in five new cars sold in 2024 was electric. BYD (1211.HK), China’s… Continue reading Chinese EVs take off in the UK as BYD closes in on Tesla

Chinese EVs take off in the UK as BYD closes in on Tesla

The UK has become a pivotal market for Chinese electric vehicle (EV) manufacturers, accounting for 30% of all Chinese electric models sold across Europe. The number of electric cars on UK roads has nearly doubled in the past two years, and nearly one in five new cars sold in 2024 was electric. BYD (1211.HK), China’s… Continue reading Chinese EVs take off in the UK as BYD closes in on Tesla

German FAZ: Opel sells fewer Autos009651

After increasing sales figures 2024, Opel suffered a setback in the first six months of this year. According to the latest statistics of the Federal Motor Vehicle Office, the number of Opel Cars newly approved in Germany in Germany in Germany, which was 20 percent less than in the comparison period 2024. The decline was… Continue reading German FAZ: Opel sells fewer Autos009651

German FAZ: The holiday program in Taunus009650

Another three days of school, then the summer holidays begin. At the latest in these six free weeks, everyone in the metropolitan region, which has a heart for trunk animals, will break into the Taunus. Because there, in the Opel Zoo in Kronberg, Kaja has been seen since mid-June. The birth of the elephant calf… Continue reading German FAZ: The holiday program in Taunus009650

The Smartest EV Stocks to Buy With $500 Right Now

Nio, EVgo, and Navitas will all profit from the electric vehicle market’s recovery. Many electric vehicle (EV) stocks soared in 2020 and 2021, but a lot of them fizzled out over the following years as rising interest rates chilled the hot market. Price wars, supply chain disruptions, inflation, higher tariffs, and intensifying trade wars exacerbated… Continue reading The Smartest EV Stocks to Buy With $500 Right Now