WARREN, Mich. — General Motors plans to cash in as the world switches from combustion engines to battery power, promising to double its annual revenue by 2030 with an array of new electric vehicles, profitable gas-powered cars and trucks, and services such as an electronic driving system that can handle most tasks on the road.
October 6, 2021Search
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LG Energy Strikes Battery-Metal Deal With Sigma Lithium
LG Energy Solution, one of the world’s top electric-vehicle battery makers, has struck a supply deal with Sigma Lithium Corp. as demand for the metal soars.
October 5, 2021GM’s Future EVs Get Range Boost With Wolfspeed Deal
General Motors’ future electric vehicles will offer more range on a single charge and charge faster because of a new supplier agreement it announced with Wolfspeed Inc.
October 4, 2021Tesla Expects Delivery Record, Beating Supply Chain Turmoil
Tesla Inc. is expected to report record deliveries of roughly 224,000 vehicles in the most recent quarter, another milestone for CEO Elon Musk and his trailblazing electric-car brand.
October 1, 2021Embark, HP Introduce EV Drayage Within Autonomous Truck Operations
Embark Trucks Inc., developer of self-driving software for the trucking industry, has partnered with HP Inc. to combine electric and autonomous truck technology, the companies announced Sept. 14.
September 17, 2021Tesla Reportedly Delays Cybertruck by a Year to Late 2022
Tesla Inc.’s Cybertruck pickup has fallen about a year behind schedule, blog Electrek reported, citing remarks CEO Elon Musk made on a companywide call with employees.
September 3, 2021BYD Profit Falls 30% as Chip, Lithium Shortages Increase Costs
BYD Co., the Chinese electric-vehicle and battery maker backed by Warren Buffett, said first-half earnings fell as shortages of chips and lithium increased costs.
August 27, 2021Nuro to Build Autonomous EV Factory in Nevada
Nuro Inc., which has unmanned delivery pods scurrying around Southwestern streets, said that it will build a $40 million facility to assemble and test a new generation of autonomous vehicles in Nevada.
August 26, 2021Cruise Looks to Solar Panels to Power Self-Driving Cars
Cruise, the San Francisco autonomous car company backed by General Motors, is launching a new initiative to support renewable energy efforts in California’s Central Valley that takes advantage of solar power.
August 25, 2021Nikola Awarded DOE Grant to Research Hydrogen Refueling
Nikola Corp. announced the U.S. Department of Energy awarded it a grant of $2 million to advance research into autonomous refueling technologies for future hydrogen fueling stations.
August 23, 2021