General Motors, Samsung SDI agree on $3.5 billion, 36 GWh EV battery cell plant in Indiana, USA

GM Chair Mary Barra chats with Samsung SDI CEO Yoon-ho Choi after signing an EV battery agreement in 2023. Image: Samsung SDIsigning an MOU on a joint EV battery plant in the U.S. in March 2023.

Samsung SDI and General Motors have finalized their agreement for a joint venture factory to supply electric vehicle (EV) batteries in the United States. The joint venture plant wi...

Read More

GM sticks to EV transition plan, all-electric lineup by 2035 likely

Image: GM

General Motors is sticking to its plan for an all-electric vehicle lineup by 2035, a company spokesperson told reporters after news that the Detroit-based automaker might attempt a...

Read More

GM in talks with CATL to licence LFP battery tech, explore joint manufacturing

Picture for representation purpose only. Image: CATL

Chinese battery maker Contemporary Amperex Technology Co Ltd (CATL) is reportedly in discussions with US automaker General Motors for a deal that would licence the Chinese company'...

Read More

US DoE lends Lithum Americas $2.26 bn to get Nevada mine up and running

Image: Lithium Americas

Mining company Lithium Americas announced it will get up to $2.26 billion in loans from the US Department of Energy (DoE) to build its Thacker Pass lithium project in Nevada, USA. ...

Read More

GM acquires key Tesla supplier amid plans to get gigacasting right

General Motors has quietly acquired Tooling & Equipment International (TEI), a little-known company that played a critical role in helping Tesla establish its manufacturing pro...

Read More

Daily Shorts: Quebec getting $3 bn GH2 project, Tesla heads to new markets, and more

Image: Shutterstock

TES Canada H2 Inc plans to set up a 70,000 metric tons per annum green hydrogen plant in Quebec, and the news could be announced as soon as this week. The $2.9 billion project will...

Read More

Daily Shorts: Pulse orders $100 million of Tesla ultra-fast chargers, GM suspends Cruise and more

Tesla has bagged a $100 million order for ultra-fast chargers from Pulse, marking the first time the Elon Musk-led company's chargers will be deployed on an independent EV charging...

Read More

GM invests in AI-enabled battery material innovator Mitra Chem

AI-enabled battery materials innovator, Mitra Future Technologies (Mitra Chem) has completed a $40 million first close of $60 million Series B funding round led by General Motors (...

Read More

GM follows Ford, adopts Tesla's NACS connector

GM has said it will cease production of petrol- and diesel-powered vehicles by 2035. Image: GM.com

GM will adopt the Tesla charging connector for its electric vehicles (EV) from 2025, the company announced, in a major decision that should benefit the industry, consumers, and Tes...

Read More

GM says self-driving cars will arrive this decade, generate $50 billion in revenue

GM is betting at autonomous cars will arrive this decade, and could earn the company almost $50 billion in revenue. Mary Barra, CEO of the Detroit-based carmaker, told a conference...

Read More

Canada invests CAN$300 million in GM-POSCO Chemicals battery materials plant

Canada will invest CAN$300 million in a plant being set up by General Motors and POSCO Chemicals to manufacture battery materials, the country announced. America's GM and South Kor...

Read More

China risks idle factories unless it shifts to EVs faster

Automakers in China risk sitting with idle factories unless they speed up transition to new energy vehicles such as fully electric vehicles and plug-in hybrids, Reuters reports, ci...

Read More

GM, Samsung SDI to expand battery cell manufacturing capacity 30 GWh

General Motors Co. and Samsung SDI have announced a plan to invest more than $3 billion to build a new battery cell manufacturing plant in the United States that is targeted to beg...

Read More
arrow_upward