GM is launching its new PowerBank home battery unit today, which slots right into the company’s lineup of residential energy management products. The battery lets homeowners collect energy at ...
As part of a broader move towards all-electric powertrains, GM launched the Ultium brand as a means of identifying its proprietary EV battery and EV motor technology. Now, however, it looks as ...
Alex Carver is a writer and researcher based in Charlotte, N.C. A contributor to major news websites such as Automoblog and USA Today, she’s written content in sectors such as insurance ...
Battery and materials cost reductions also could offset some softer pricing. GM executives did not say whether EVs will be profitable in 2025. They pointed to the improving trajectory as a sign of ...
GM is scheduled to host its next Investor Day event on Tuesday, October 8 th, and will reportedly seek to reassure investors on a number of different issues, including faltering EV growth, hefty ...
The company said the batteries and technologies will remain, but the name “Ultium” will go. GM also announced it will start building a battery cell development center at the company's Global ...
Among full-line automakers — that is, excluding luxury specialists like Mercedes and BMW — GM and Hyundai-Kia offer the widest range of EVs, have a steady flow of more on the way, and have ...
GM CEO forecasts 2025 profits similar to 2024 GM reducing inventories in China and improving sales, Barra says Automaker will sunset Ultium branding on batteries Cruise unit expected to lose no ...
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GM debuted the Ultium brand in March 2020 as part of a much-hyped EV plan that was supposed to see 22 new electric models on sale in the US by 2023. The company formed a $2.3 billion joint venture ...
GM to deliver message focused on stability over aggressive growth Investors concerned about EV losses and competition from China Barra: operations in China are "unsustainable" without a ...
The results come after General Motors (GM) delivered an earnings beat and a guidance raise last week. S&P Global Ratings autos managing director Nishit Madlani joins Josh Lipton and Josh Schafer ...