GM designs and manufactures a few electric vehicles under its brands. Like the Volt and the Bolt with Chevrolet.
GM Stories Yesterday
When Reuters broke the news last night about GM’s $2.3 billion battery gigafactory, it made little mention of what vehicles the company will build with those batteries. We know there will be a GM electric pickup by 2021. But CEO Mary Barra said there will be “more than one product.” Today’s news, plus a trickle of stories over the past year, paint a picture of GM’s EV future. It’s filled with trucks, upscale Cadillacs, and even an electric Hummer.
GM has announced a new joint-venture with LG Chem to build their own battery gigafactory, which will have 30 GWh of annual capacity, in Ohio.
The two companies promise a new “industry-leading cost per kilowatt hours” in GM’s future electric vehicles. expand full story
In July it was announced that LG Chem was working on a potential new billion-dollar US battery cell factory for electric cars. Today in a security filing in South Korea, LG Chem confirmed that investment, and that GM will invest another billion.
Reuters reports that the location is expected to be in the area of Lordstown, Ohio, where GM (pictured in Detroit) recently sold its factory to an EV startup affiliated with Workhorse. This follows news earlier this week that Piedmont Lithium received an important federal permit to proceed with its lithium mine in Gaston County, North Carolina — the second in North America. Looks like Interstate 77 will be America’s hot new lithium corridor.
GM Stories November 25
General Motors president Mark Reuss penned a missive on CNN’s website titled, “Electric Cars Won’t Go Mainstream Until We Fix These Problems.” This title conveys three things:
- Electric vehicles have big problems
- They’re not suitable for the “mainstream,” aka most people, and
- GM will fix (future tense) these problems, and normal people should just stand by until GM says so.
Below we deconstruct this corporate PR hit piece and take a look at who it’s coming from.
GM Stories November 21
GM has announced the timeline for its electric pickup truck, which the automaker says will go on sale in the US in 2021. expand full story
GM Stories November 10
GM announced two weeks ago that it would be supporting Donald Trump’s rollback of EV emissions standards by siding with the administration versus California. You would think that GM — with its pioneering Bolt EV and “zero emissions future” initiatives — would support lowering emissions. But something has gone terribly wrong at GM over the past few years in EVs.
The latest indication of this is an announcement that the company would be releasing a Menlo crossover EV — which would likely do well in a US market — in China alone.
GM Stories November 7
GM’s Lordstown, Ohio, plant has been sold to an EV startup, “Lordstown Motors Corp.,” which is affiliated with Workhorse Group, the company behind the Workhorse W-15 plug-in pickup truck.
Workhorse shares no ownership with Lordstown Motors Corp., but the two companies are affiliated. They plan to share intellectual property, and Workhorse’s ex-CEO Steve Burns is now CEO of Lordstown Motors.
GM Stories October 21
The UAW strike of GM workers is interestingly making the automaker reveal some of its plans for electrification as part of the negotiations with the union.
One interesting thing to come out is that GM might revive the Hummer brand with electric vehicles. expand full story
GM Stories September 16
GM’s union employees are currently on strike over a labor negotiation dispute and the automaker is using the promise of electric pickup truck production at a Detroit factory slated to close in 2020. expand full story
GM Stories August 22
The Chevy Bolt EV 2020 is getting a slight range upgrade from 238 miles to 259 miles of range, according to an update from the Environmental Protection Agency (EPA). expand full story