General Motors (GM)

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.

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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.

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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.
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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.
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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).
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GM has unveiled the first official images of the Chevrolet Menlo EV, an electric car that is expected to become the utility version of the Bolt EV.
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Chevrolet just unveiled its new mid-engine Corvette, the 2020 Stingray, and though it’s an ICE car, comments from GM brass leave the door open for future electric versions of the sports car — possibly even an all-electric version.

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As the Environmental Protection Agency and National Highway Traffic Safety Administration prepare to unveil the planned rollback of fuel economy standards soon, major investors in auto companies are the latest group to publicly voice their concerns about the proposal.

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One of the most notorious gas-guzzling brands of all time, Hummer, is reportedly being considered by GM for an electric reboot.

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GM has already confirmed plans to make an electric pickup truck, but recent comments from GM president Mark Reuss don’t make it seem as if the automaker plans to produce such a vehicle any time soon.

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GM claims to be all-in with electric vehicles, but they are still only selling one all-electric car and they are selling it at a loss.

Now the automaker says it is pushing for more affordable and profitable electric cars.
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Newly uncovered filings are showing that General Motors (GM) and Fiat-Chrysler (FCA) have been buying federal greenhouse gas (GHG) credits in the US from Tesla.

It creates a new source of revenue for Tesla — albeit likely temporary.
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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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