General Motors president Mark Reuss has hit back at criticism that Cadillac is only participating in the F1 engine name in joining Andretti. Mark Reuss posted on Twitter that the suggestion of “badged racing” was “ignorant”. While not commenting on specific criticisms of General Motors, it is notable for its proximity to its recent announcement … Read more
General Motors has announced that it will partner with Andretti Global, which wants to enter F1, and use the company’s brand Cadillac to cooperate with entry as “Andretti Cadillac”. Michael Andretti tried to enter F1 by buying the Sauber F1 Team for 2021, but talks fell apart at the last minute when the Sauber Group … Read more
General Motors and LG Energy have announced that they will invest an additional $275 million to expand their joint venture to manufacture battery cells in Spring Hill, Tennessee, with the goal of increasing production by more than 40%. The new investment between the two technology poles is in addition to the $2.3 billion announced in … Read more
First deliveries, of BOLT EVs and EUVs already marketed by General Motors, are due in the first quarter of 2023. (Photo: Chevrolet) Hertz plans to buy 175,000 electric vehicles from GM by 2027 industry | car | services | rental | energy | electricity | climate New York — The car rental company Hertz will … Read more
Outperform competitors This trio of cars could lead General Motors to outperform all competitors, including the market leader, said John Murphy, an analyst at Bank of America Securities in his “Auto Wars” report. Tesla”, in electric vehicle sales by 2025; Murphy predicts that by then General Motors will have more than 14% of the electric … Read more
New York At the weekend, Joe Biden had hinted at his plan in secrecy. He will use all “executive” options to prevent his climate policy from failing. Now it becomes clear what exactly he meant by that: Apparently the US President is about to declare a climate emergency. After China, the United States is the … Read more
Panasonic-Akkus The new battery generation of the type 4680 (left) is intended to replace the current 2170 batteries. (Photo: Archyde.com) Tokio Panasonic wants to build another battery factory together with the US electric car manufacturer Tesla. In the US state of Kansas, the Japanese are investing four billion dollars for another battery production, the group … Read more
General Motors on Wednesday reported its worst quarterly sales in China since the start of the virus pandemic, amid a resurgence of coronavirus cases in the country and ongoing problems in the global supply chain. The automaker said it sold more than 484,000 vehicles from April through June in China, its largest market globally, with … Read more