Detroit

107283654 1691548529640 Cadillac Escalade IQ

GM to spend $19 billion through 2035 to source EV battery materials from LG Chem

Business / By

2025 Cadillac Escalade IQ GM DETROIT – General Motors plans to spend $19 billion over roughly the next decade to source critical materials for use in electric vehicle batteries from LG Chem, the companies said Wednesday. The long-term supply contract will see LG Chem supply GM with more than 500,000 tons of cathode materials – […]

GM to spend $19 billion through 2035 to source EV battery materials from LG Chem Read More »

107346357 1702388978117 gettyimages 1239986619 NY AUTO SHOW 2022

Ford is reassessing its EV plans, including vertical battery integration

Business / By

A Ford Mustang Mach-E GT compact sports utility vehicle during the 2022 New York International Auto Show in New York on April 14, 2022. Michael Nagle | Bloomberg | Getty Images DETROIT — Ford Motor is rethinking its electric vehicle strategies, including “reassessing” the need for vertical integration of batteries, CEO Jim Farley said Tuesday.

Ford is reassessing its EV plans, including vertical battery integration Read More »

107051800 1650999441078 Image from iOS 4

Ford Motor is set to report earnings after the bell. Here's what Wall Street expects

Business / By

Ford CEO Jim Farley at the company’s Dearborn, Michigan, plant where it’s building the electric F-150 Lightning on April 26, 2022. CNBC | Michael Wayland DETROIT – Ford Motor is announcing fourth-quarter and 2023 earnings after the markets close Tuesday. Here’s what Wall Street expects, based on average analysts’ fourth-quarter estimates compiled by LSEG, formerly

Ford Motor is set to report earnings after the bell. Here's what Wall Street expects Read More »

102979966 GettyImages 461427124

GM to release plug-in hybrid vehicles, backtracking on product plans

Business / By

General Motors reveals the new 2016 Chevrolet Volt to the media at the 2015 North American International Auto Show on January 12, 2015 in Detroit, Michigan. Getty Images DETROIT – General Motors is changing its product lineup strategy to include plug-in hybrid electric vehicles, CEO Mary Barra told investors Tuesday. Barra did not disclose specific

GM to release plug-in hybrid vehicles, backtracking on product plans Read More »

Start typing and press enter to search

Scroll to Top