General Motors (GM)

As new, advanced EVs take over the auto market in China, legacy automakers, including Volkswagen, General Motors, Toyota, BMW, Honda, and Mercedes Benz, will all lose significant market share, according to a new Greenpeace report.

The legacy automakers, who once dominated the market in China, are now at risk of losing their positions to domestic EV makers in the region.

On Wednesday, General Motors launched its newest business unit, GM Envolve. The goal is to utilize all aspects of GM to create a new, all-in-one user experience enabling commercial and fleet customers to transition to electric seamlessly.

General Motors has been building up its resources and capabilities for an all-electric future. With a vast lineup of fully electric vehicles, GM plans to spearhead its return to Europe as an EV-only brand.

General Motors (GM), through its joint venture, SGMW, began sales of its Wuling Bingo on March 29 with a starting price of 59,800 yuan ($8,500). After only a month, SGMW revealed 16,383 Bingo deliveries as the automaker continues to gain market share in China’s booming EV sector.

General Motors (GM) is preparing to launch its new Silverado EV later this year with plans to build a $200 million electric vehicle parts plant. The new parts plant will support the production of GM’s new electric truck, which is expected to ramp up in the second half of the year.

Electric propulsion specialist Pure Watercraft has officially shared the final design of its Pure Pontoon Boat – the company’s first vessel designed in house. Powered by EV batteries provided by minority stakeholder GM, this first crack at an electric pontoon boat could appeal to many consumers interested in quiet cruises without emissions.

After a solid start to the year, General Motors is raising its earnings and cash flow expectations for 2023. GM is gearing up for a breakout year with several highly anticipated EV launches planned across some of the most popular auto segments.

GM – along with its earnings announcement this morning – also announced the end of the Chevy Bolt EV and EUV with the last cars rolling off the Orion assembly line “late this year”. This marks the end of the Bolt EV as the most affordable/capable EV in the US market and a pioneering electrification milestone.

General Motors shared Monday that it now leads the industry in the number of EV models that qualify for the full $7,500 tax credit. GM expects its entire lineup of electric vehicles under the MSRP cap to be eligible for the full EV tax credit in 2023.

General Motors announced that GM Ventures is leading a $50 million Series B financing round in EnergyX – a company specializing in direct lithium extraction and refinery technologies. As part of the investment, GM will help fund the commercialization of EnergyX’s sustainable extraction technology in exchange for lithium to be exclusively used for EV production.

The first-ever fully electric Chevy Blazer EV is set to go on sale this summer, followed by a powerful high-performance SS trim. This SS version will be the first performance model of a Chevy EV, with an estimated 557 horsepower, turning the all-around family car into a speed demon. Check out the latest video of the 2024 Chevy Blazer EV SS tearing across the Daytona International Speedway below.

The GMC Sierra EV will be the second fully electric truck from the GM brand, following the GMC Hummer EV pickup. With an estimated 400 miles of range, the new GMC Sierra EV is poised to take on the Ford F-150 Lightning and the upcoming electric Ram 1500 REV. The automaker teased a few early designs for its upcoming electric truck recently.

The Environmental Protection Agency (EPA) is expected to make a groundbreaking announcement this week that will make the majority of new US car sales EVs by 2032, according to a breaking New York Times scoop.

Ford Motor released its first quarter sales Tuesday showing a 41% increase in EV sales. Despite the growth, Ford was outpaced in the first three months of 2023 by rival GM on the back of record Chevy Bolt EV sales.

General Motors (GM) released Q1 sales results Monday, showing a promising kickoff to 2023, with EV sales reaching over 20,000 for the first time in a quarter. The automaker says it expects the progress to continue this year as it’s on track to build another 50,000 EVs in North America through June, with plans to double that in the second half of 2023.

Imagine having a ChatGPT-powered virtual personal assistant in your electric vehicle that could act as the brains behind the car. Well, GM is looking to make it a reality in its future EVs as part of an expanding collaboration with Microsoft, which made a multi-billion dollar investment in the AI chatbot’s developer OpenAI earlier this year.

General Motors has shared more details of the technology and future capabilities we can expect to see in its next-generation Ultra Cruise ADAS, which was originally announced during its GM Investor Day presentation last year. The technology will debut on the upcoming premium Cadillac Celestiq EV in early 2024, although the exact driver assistance capabilities deployed at that time remain to be determined. Here’s what we know so far.

General Motors (GM) is planning to have a breakout year in 2023 as the automaker charges ahead on its EV strategy. GM expects to push past the competition with plans for seven Ultium-based EVs, in addition to the Bolt EV and EUV, by the end of the year as it retools its supply chain for the future.

General Motors (GM) may have a trick up its sleeve to take on Ford’s iconic Bronco, and it’s not a gas-powered one. Instead, GM president Mark Reuss recently alluded to the idea of an electric 4×4.

General Motors (GM) announced a new, first-of-its-kind “direct” supply agreement with GlobalFoundries (GFS) for semiconductor wafers.

General Motors (GM) has advanced to the next round of bidding for a stake in Brazilian mining company Vale’s base metals spinoff.