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General Motors Extends Production Shutdown of the Chevy Bolt EV Until Sept 24 Due to Battery Recall

General Motors Extends Production Shutdown of the Chevy Bolt EV Until Sept 24 Due to Battery Recall

​U.S. automaker General Motors is extending the production shutdown of the Chevy Bolt EV after the automaker recalled all of the vehicles due to the risk of battery fires. GM hoped to quickly resume production of the fully-electric Bolt EV at its Orion Assembly plant in Michigan, but the automaker said it’s now dealing with a “battery pack shortage” and will suspend production of the Bolt another two weeks until Sept 24.

FutureCar Staff 2021-09-09 13:30 PT

Ford to Double its Production Target for the Electric F-150 Lightning Due to Strong Demand

Ford to Double its Production Target for the Electric F-150 Lightning Due to Strong Demand

Ford Motor Company has doubled its production target from the new F-150 Lighting electric pickup based on strong early demand for the electric version of the best-selling truck in the U.S., sources told Reuters on Monday. Ford’s annual production target has been increased from 40,000 units to 80,000 units by 2024.

Eric Walz2021-08-23 15:15 PT

Battery Maker LG Chem Loses $6 Billion in Market Value After GM Announces Chevy Bolt EV Recall

Battery Maker LG Chem Loses $6 Billion in Market Value After GM Announces Chevy Bolt EV Recall

Shares of South Korean battery maker LG Chem fell by 11% on Monday on the first day of trading after automaker General Motors announced its expanding the recall of the Chevy Bolt EV due to the risk of battery fires. LG Chem is GM’s battery partner and supplied the batteries used in the Bolt EV.

FutureCar Staff 2021-08-23 10:00 PT

General Motors to Add 5G Connectivity to its Model Lineup in Partnership With AT&T

General Motors to Add 5G Connectivity to its Model Lineup in Partnership With AT&T

General Motors announced a new partnership with AT&T that will bring 5G connectivity to millions of vehicles in the U.S. starting with 2024 model year vehicles. GM and AT&T are working together to develop a fifth-generation cellular network architecture that will support a network of connected vehicles with faster data speeds to support functions such as autonomous driving.

FutureCar Staff 2021-08-19 09:15 PT

General Motors Confirms New Commercial Electric Truck and Van

General Motors Confirms New Commercial Electric Truck and Van

As part of its plan to expand its BrightDrop business, General Motors announced plans to add two new zero-emissions vehicles to its commercial lineup.

Vineeth Joel Patel2021-08-07 07:00 PT

U.S. President Joe Biden Aims for 50% of New Vehicles Sales in the U.S. be Electrified by 2030

U.S. President Joe Biden Aims for 50% of New Vehicles Sales in the U.S. be Electrified by 2030

The U.S. auto industry has gotten its biggest endorsement yet for building more fully-electric vehicles. President Joe Biden is set to sign an executive order on Thursday aimed at making half of all vehicles sold in the U.S. be low-emissions and electrified by 2030. In addition, Biden will propose new emission rules through 2026 for automakers.

Eric Walz2021-08-05 10:00 PT

General Motors Could Replace the Camaro With an Electric-Performance Sedan

General Motors Could Replace the Camaro With an Electric-Performance Sedan

Due to slow sales of the Camaro sports car compared to the Ford Mustang and Dodge Challenger, Chevrolet could end production of its sports car after the current generation.

Vineeth Joel Patel2021-08-01 07:30 PT

The Founder & Former CEO of Fuel Cell Truck Startup Nikola Corp Indicted for Misleading Investors

The Founder & Former CEO of Fuel Cell Truck Startup Nikola Corp Indicted for Misleading Investors

Trevor Milton, the founder and former CEO of fuel cell truck startup Nikola Corp, has been indicted for deceiving investors and is facing criminal charges for making false and misleading statements, the U.S. Department of Justice said on Thursday. Prosecutors in New York charged Milton with two counts of securities fraud and one count of wire fraud over his statements from Nov 2019 to Sept 2020 about Nikola's products and technology.

FutureCar Staff 2021-07-29 09:00 PT

General Motors Files Lawsuit Against Rival Ford for Naming its New Autonomous Driving Feature ‘BlueCruise’

General Motors Files Lawsuit Against Rival Ford for Naming its New Autonomous Driving Feature ‘BlueCruise’

General Motors and its autonomous driving arm Cruise LLC have filed a lawsuit to stop rival Ford Motor Co from using the name "BlueCruise" for its new autonomous driving feature that offers hands-free driving on highways. General Motors’ autonomous driving system is called “Super Cruise” and the automaker claims that Ford’s calling its autonomous driving feature BlueCruise infringes on its trademark.

Eric Walz2021-07-26 09:15 PT

Honda Announces its First Mass-Market EV Named the 'Prologue', it Arrives in 2024

Honda Announces its First Mass-Market EV Named the 'Prologue', it Arrives in 2024

Japan's Honda Motor Co today announced that its first electric vehicle will be an SUV named the “Prologue”, which marks the beginning of the company's transformation to becoming an electric automaker over the next two decades.

Eric Walz2021-06-28 09:00 PT

GM’s Autonomous Driving Unit Cruise to Tap $5 Billion Credit Line to Mass Produce the Origin Autonomous Shuttle

GM’s Autonomous Driving Unit Cruise to Tap $5 Billion Credit Line to Mass Produce the Origin Autonomous Shuttle

Cruise, the autonomous driving unit of automaker General Motors, plans to access a $5 billion line of credit to finance the purchase of tens of thousands of Cruise Origin shuttles, a commercial autonomous ride-hailing vehicle being built by GM, Honda Motor Co and Cruise. The funds will be made available through GM’s automotive financing arm GM Financial.

Eric Walz2021-06-15 09:00 PT

CEO, CFO of Electric Truck Startup Lordstown Motors Abruptly Resign

CEO, CFO of Electric Truck Startup Lordstown Motors Abruptly Resign

Electric truck startup Lordstown Motors on Monday announced the sudden departure of Chief Executive and founder Steve Burns and Chief Financial Officer Julio Rodriguez. The departure of Burns comes just days after the electric truck maker warned that it may not have enough money to stay in business over the next year, sending shares down more than 20% in early trading to $9.12.

Eric Walz2021-06-14 08:15 PT

GM Agrees to California’s Emissions Requirement, Wants Federal Help for EV Adoption

GM Agrees to California’s Emissions Requirement, Wants Federal Help for EV Adoption

General Motors has changed its tune on California’s emissions requirements that were put into effect in 2019, but requested flexibility from the Biden Administration.

Vineeth Joel Patel2021-06-13 22:15 PT

Senate Finance Committee Advances Bill That Includes Raising the Federal Tax Credit up to $12,500 on U.S.-Made EVs

Senate Finance Committee Advances Bill That Includes Raising the Federal Tax Credit up to $12,500 on U.S.-Made EVs

​After a hearing on Wednesday, the U.S. The Senate Finance Committee advanced legislation for the “Clean Energy for America Act”, which includes a proposed increase to the current federal EV tax credit of up to $7,500 on the purchase of a zero emissions electric vehicle. The bill also includes a 30% tax credit for manufacturers to retool or build new facilities to produce advanced energy technologies including EV batteries, as well as incentives to for the purchase commercial electric vehicles.

Eric Walz2021-05-27 14:00 PT

Ford is Boosting its EV Investments to More Than $30 Billion, Stock Reaches 5-Year High

Ford is Boosting its EV Investments to More Than $30 Billion, Stock Reaches 5-Year High

U.S. automaker Ford is boosting investments in electrification as it looks to take on Tesla, Volkswagen and General Motors and others in the electric vehicle space. The increased investments in EVs is part of a plan called "Ford+" in which Ford would be more like a technology company rather than an automaker in the eyes of investors.

FutureCar Staff 2021-05-26 13:35 PT

General Motors Announces ‘Ultium Charge 360’ a Nationwide EV Charging Network Designed for Convenience

General Motors Announces ‘Ultium Charge 360’ a Nationwide EV Charging Network Designed for Convenience

General Motors announced a new charging network called "Utium Charge 360", which is designed to make it easier for customers to charge their electric GM vehicles. Ultium Charge 360 integrates charging networks, GM vehicle mobile apps, and other products and services to simplify the overall charging experience for GM's future electric vehicle owners.

FutureCar Staff 2021-04-28 17:00 PT

General Motors Unveils the Production Version of the Electric Cadillac LYRIQ SUV at Auto Shanghai

General Motors Unveils the Production Version of the Electric Cadillac LYRIQ SUV at Auto Shanghai

Automaker General Motors unveiled the production version of the Lyriq for the first time at Auto Shanghai 2021, which is one of the world’s largest auto shows. The futuristic and sleek Lyriq represents the future of Cadillac, but also that of General Motors, as the company transitions to building more purely electric vehicles.

Eric Walz2021-04-21 15:00 PT

General Motors & LG Investing $2.3 billion in a New EV Battery Factory in Tennessee

General Motors & LG Investing $2.3 billion in a New EV Battery Factory in Tennessee

Ultium Cells LLC, the joint venture of LG Energy Solution and General Motors, today announced a $2.3 billion plus investment to build a second EV battery cell manufacturing plant in the U.S. The new facility will be located in Spring Hill, Tennessee. Construction on the approximately 2.8 million-square-foot EV battery plant will begin immediately GM said.

Eric Walz2021-04-16 10:25 PT

General Motors Launches Maps+, a New App-based Navigation System

General Motors Launches Maps+, a New App-based Navigation System

General Motors announced the launch of Maps+, a new in-vehicle, app-based navigation system for select model year 2018 and newer Chevrolet, Buick, GMC and Cadillac vehicles. Maps+ is powered by technology from mapping company Mapbox. It will begin rolling out to approximately 900,000 GM vehicles on April 30.

Eric Walz2021-04-12 12:10 PT

General Motors Confirms it Will Build an Electric Chevy Silverado Pickup, Sending its Stock Price to a Record High

General Motors Confirms it Will Build an Electric Chevy Silverado Pickup, Sending its Stock Price to a Record High

​Just days after teasing the new Hummer EV SUV, automaker General Motors is gearing up to build more electric pickup trucks, beginning with a battery-powered version of the popular Chevy Silverado. The electric Silverado will go into production late next year at GM’s Detroit-Hamtramck assembly plant, a source familiar with the U.S. automaker’s plan said on Tuesday.

FutureCar Staff 2021-04-06 15:40 PT

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