Japan’s Honda Motor Co plans to ramp up its electric vehicle production, producing millions of EVs by 2030, a top executive at the company told Reuters on Thursday. The future electric models will be built on three new dedicated EV platforms, one of which will be shared with General Motors.
Eric Walz2022-04-22 10:00 PT
Honda and General Motors are expanding their partnership to work on electric vehicles together to focus on coming out with more affordable electric cars for consumers to purchase.
Vineeth Joel Patel2022-04-10 17:45 PT
General Motors plans to build new batteries for the two electric vehicles at the same time it fixes batteries that are part of the recall.
Vineeth Joel Patel2022-04-10 07:00 PT
U.S. automaker General Motors has created a new organization within the company named “Commercial Growth Strategies and Operations”. The new organization will oversee current cross-brand activities that strengthen GM’s position in the commercial market. GM appointed Steve Hill to lead the new organization. Hill has served as vice president of GM’s Chevrolet brand since Nov 2019.
FutureCar Staff 2022-03-28 10:40 PT
General Motors announced on Friday its acquiring SoftBank Vision Fund’s equity ownership stake in San Francisco-based autonomous driving technology developer Cruise for $2.1 billion. As part of the massive investment, GM is separately making an additional $1.35 billion investment in Cruise, replacing a previous commitment made by the Softbank’s Vision Fund fund in 2018.
Eric Walz2022-03-18 17:00 PT
General Motors has recalled the brand new GMC Hummer EV due to an embedded software fault in the tail light assemblies. The recall affected only 10 vehicles, but identifying the problem early on helped GM to avoid a more widespread recall, along with the backlash from the public that often is a result of safety recalls in the auto industry.
FutureCar Staff 2022-03-18 13:00 PT
An electric vehicle’s powerful battery is an untapped power source when the vehicle is parked. So to put that usable power to good use, General Motors announced a new partnership with California utility provider Pacific Gas and Electric Company (PG&E) that will allow GM customers to use their electric vehicles as backup power sources for their homes.
FutureCar Staff 2022-03-08 10:15 PT
General Motors once had big plans for its investment in electric truck startup Lordstown Motors, but after accusations of fraud which led to the sudden departure of Lordstown Chief Executive and founder Steve Burns along with Chief Financial Officer Julio Rodriguez last year, GM is officially walking away. GM announced on Tuesday it has sold off its stake in Lordstown Motors.
FutureCar Staff 2022-03-01 16:30 PT
General Motors’ autonomous driving unit Cruise has petitioned the U.S. National Highway Traffic Safety Administration (NHTSA) for permission to deploy the Cruise Origin driverless shuttle on roads in the U.S. as part of a commercial ride-hailing service that’s similar to Uber. The Origin is the first production vehicle purposefully built by a global automaker without a steering wheel or brake pedal.
FutureCar Staff 2022-02-21 14:10 PT
General Motors now plans to increase production of its electric trucks and Cadillac sport utility vehicles this year six times more than previously planned, according to information shared with suppliers. GM told suppliers for its electric GMC Hummer EV trucks to plan for production of 21,000 vehicles this year at the automaker's Factory Zero in Detroit, up from the previous plan to build just 3,800 vehicles.
Eric Walz2022-02-08 15:45 PT
GM announced today its investing more than $7 billion in four Michigan manufacturing sites to build electric vehicles and batteries. The massive investment will significantly increase GM’s production capacity for electric vehicles. The $7 billion investment is the single largest investment announcement in automaker's 100+ year history.
Eric Walz2022-01-25 10:00 PT
General Motors announced plans on Friday to invest nearly $154 million in its Lockport Components plant in Western New York. The investment will be used to renovate the facility and purchase and install new machinery and equipment used in the production of stator modules, a key component for the electric motors of EVs.
FutureCar Staff 2022-01-24 13:45 PT
Japan’s Honda Motor Co. today signed a joint development agreement with Massachusetts-based EV battery research and development company SES that will focus on the development of Lithium-Metal (Li-Metal) batteries for electrified vehicles. SES was founded in 2012 as an MIT spinoff company. The company was formerly known as “SolidEnergy Systems”.
Eric Walz2022-01-19 11:00 PT
General Motors is getting into the used car business with a new online car shopping platform called CarBravo. The digital marketplace will compete with online car sellers such as Carvana and Shift with participating dealerships delivering pre-owned GM and non-GM vehicles directly to customers' homes. GM announced that dealer enrollment in CarBravo begins immediately, and the consumer launch is expected to begin in spring 2022.
Eric Walz2022-01-11 12:50 PT
German automotive supplier Vitesco Technologies has secured an order worth more than 1 billion euros (US$1.1 billion) from a major North American car manufacturer for electric vehicle power inverters. As part of the deal, Vitesco Technologies said it will supply “millions” of 800-volt inverters equipped with silicon carbide technology. The use of silicon carbide (SiC) in electric vehicle inverters offers better conductivity and cooling performance in high temperature environments.
Eric Walz2022-01-10 10:00 PT
General Motors CEO Mary Barra unveiled its highly anticipated electric Chevy Silverado during a virtual keynote at CES on Wednesday in Las Vegas. The battery-powered version of GM’s best-selling Silverado pickup marks the automaker’s second entry in the electric truck segment following the Hummer EV. The electric pickup segment is now poised to become highly competitive with the recent launch of the R1T from newcomer Rivian and Ford’s electric F-150 Lightning.
Eric Walz2022-01-05 13:15 PT
BrightDrop, the new logistics and commercial electric vehicle division of automaker General Motors, announced a partnership with retailer Walmart at CES on Wednesday to supply electric thousands of delivery vans to Walmart. The battery-powered vans will be used in Walmart’s last mile delivery network and will help the retailer reach its goal of operating a zero-emissions logistics fleet by 2040.
Eric Walz2022-01-05 09:15 PT
Each year, hundreds of companies, including the world’s top automakers, travel to Las Vegas in early January for the annual Consumer Electronics Show (CES) to show off their latest products. One of the most anticipated CES events this year was that General Motors was scheduled to reveal its new fully electric Silverado pickup for the first time. But those plans have now been scrapped due to lingering covid concerns.
Eric Walz2021-12-24 08:50 PT
Hydrogen fuel cell trucking startup Nikola Corp, has settled its case with the Securities and Exchange Commission (SEC) for misleading investors about the capabilities of its hydrogen-powered trucks. The company has agreed to pay $125 million to settle the case against it. Trevor Milton, the founder and former CEO of Nikola Corp, was indicted by the SEC in July for making false claims about the company's technology and reservations ahead of its high profile IPO in June 2020.
Eric Walz2021-12-21 11:40 PT
As automaker General Motors works to replace the battery packs in all of the Bolt EVs due to a battery recall, the production shutdown of the two EVs at GM’s Orion Assembly plant in Michigan has been extended multiple times. The latest suspension will halt production until at least the end of February, Reuters reported on Monday.
FutureCar Staff 2021-12-20 09:00 PT
Eric WalzMay 16, 2022 4:15 PM PT
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Vineeth Joel PatelMay 15, 2022 7:00 AM PT
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