General Motors (GM)

Earlier this month, President Trump tweeted that GM would be selling its shuttered Lordstown, Ohio plant to electric truck maker Workhorse. But a new report paints a concerning picture of what’s happening at Workhorse, casting doubt on both the deal and the company itself.

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GM confirmed today that it plans to its own large electric car charging network with thousands of fast-charging stations in the US, but the automaker apparently can’t be bothered to invest in it itself.
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Honda and GM have joined forces in a new research project that aims to examine how electric cars and smart grids can work together in the future, with EV owners possibly leveraging their car batteries into new streams of revenue.

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Donald Trump tweeted today that GM would be selling its recently shuttered Lordstown, Ohio plant to Workhorse to build electric trucks.

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GM appeared to confirm its plans to launch an electric pickup truck during its quarterly earnings call today.

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General Motors (GM) has filed for a trademark for a vehicle named ‘Bolt EUV’ – hinting at a new electric car based on the Chevy Bolt EV platform.
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18 months ago to the day, GM announced that it would launch 2 all-electric cars by now, but the automaker has yet to unveil them and they are staying quiet about missing the deadline.
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GM is about to become the second automaker to see its federal tax credit for electric vehicles start to phase out and it announced that unlike Tesla, it will not adjust the Chevy Bolt EV prices to compensate.
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General Motors has announced a $300 million investment to produce a new Chevrolet electric vehicle that will be based off an “advanced version” of the Bolt EV architecture.
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The catch is it’s an electric bicycle.

GM has now joined a number of other automotive companies that have jumped into the rapidly growing electric bicycle industry.

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Electric pickup truck startup Rivian is reportedly attracting interest from GM and Amazon for a massive round of funding to help bring its vehicles to market.

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GM has long been suspected of selling its electric vehicles at a loss to get regulatory credits and now CEO Mary Barra confirmed that she doesn’t expect the American automaker’s electrification effort to be profitable until “early next decade.”
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Fuel shortages are hitting Mexico after the closure of state-owned pipeline creating a distribution bottleneck and Chevy intelligently took advantage of the opportunity to promote the all-electric Bolt EV at gas stations.
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The race to make all-electric pickup truck has started and GM is now being dragged in.

A GMC executive confirmed that they are considering including all-electric vehicles in their GMC SUV and pickup truck lineup.
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When asked about doing an electric pickup truck to compete with Tesla’s upcoming pickup, GM CEO Mary Barra gave a great non-answer that would make politicians proud, but she did tease us with a ‘stay tuned’.
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GM’s electrification approach by using Cadillac as its ‘lead electric brand’ is being heavily compared to Tesla’s and the company accepts that as it admits to being ‘obsessively’ benchmarking Tesla ahead of the launch of their first EV.
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As part of its renewed electrification effort announced last month, GM confirmed that it was killing the Chevy Volt, which many saw as counter-intuitive – but now the automaker says that it’s part of its plan to focus on all-electric vehicles.
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As we reported last week, GM recently announced plans to position Cadillac as its lead electric vehicle brand.  Today, GM shared the first images of Cadillac’s planned first all-electric vehicle.

So far, we have no details other than two images, showing it to be a crossover-style vehicle.  We are still waiting on a name, timeline, and other specs – which Cadillac says will be revealed “closer to launch”.

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After GM announced that it would shut down some factories, Elon Musk said that Tesla would consider buying one of them, but now GM CEO Mary Barra says that it will not work out because Tesla doesn’t want GM’s union employees.
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As we reported yesterday, GM is announcing that Cadillac will act as its ‘lead electric vehicle brand’.

The news was confirmed by the company today and here are my thoughts on the situation:
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GM will position Cadillac as their lead EV brand in a mission to catch up to Tesla in the US electric vehicle market, according to sources talking to Reuters.

They report that GM will announce these plans to investors on Friday. They are expected to announce that a Cadillac vehicle will be the first car made on their upcoming next-generation “BEV3” platform. This would be the first all-electric Cadillac GM has made or announced.

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