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GM challenges Tesla with "Ultium" batteries and fleet of EVs

General Motors Co Chief Executive Mary Barra said Wednesday the Detroit automaker will invest $20 billion by 2025 in electric and automated vehicles as it races to catch up with Elon Musk's Tesla Inc as vehicles go electric......»»

Category: topSource: reutersMar 4th, 2020

General Motors to invest $2.2 billion in all-electric vehicle plant in Detroit

General Motors Co. said Monday that it will invest $2.2 billion to build a plant in Michigan that will make all electric vehicles. The automaker (NYSE: GM) said it will make the investment at its Detroit-Hamtramck assembly plant where it will produce a.....»»

Category: topSource: bizjournalsJan 27th, 2020

GM to invest $2.2 billion at Detroit factory to make electric trucks, SUVs

General Motors Co will invest $2.2 billion in its Detroit-Hamtramck assembly plant to build electric trucks and sport utility vehicles, a move that would create 2,200 jobs, the No.1 U.S. automaker said on Monday......»»

Category: topSource: reutersJan 27th, 2020

GM to spend $2.2 billion on making electric trucks and SUVs at Detroit factory

General Motors Co will invest $2.2 billion in its Detroit-Hamtramck assembly plant to build electric trucks and sport utility vehicles, the No.1 U.S. automaker said in a statement on Monday......»»

Category: topSource: reutersJan 27th, 2020

GM, South Korea"s LG hook up in EV battery joint venture

General Motors and South Korea's LG Chem announced they will invest $2.3 billion to set up an electric vehicle battery joint venture near a shuttered GM plant in Ohio. Conway G. Gittens has the details......»»

Category: videoSource: reutersDec 5th, 2019

GM, LG Chem to build $2.3 billion electric vehicle battery plant in Ohio

General Motors Co and South Korea's LG Chem said on Thursday they will invest $2.3 billion to build an electric vehicle battery cell joint venture plant in Ohio, creating one of the world's largest battery facilities......»»

Category: topSource: reutersDec 5th, 2019

GM, LG Chem set $2.3 billion electric vehicle battery venture in Ohio

General Motors Co .and South Korea's LG Chem said on Thursday they will invest $2.3 billion to set up an electric vehicle battery cell joint venture plant in Ohio, creating one of the world's largest battery facilities......»»

Category: topSource: reutersDec 5th, 2019

GM, LC Chem set $2.3 billion electric vehicle battery venture in Ohio

General Motors Co .and South Korea's LG Chem said on Thursday they will invest $2.3 billion to set up an electric vehicle battery cell joint venture plant in Ohio, creating one of the world's largest battery facilities......»»

Category: topSource: reutersDec 5th, 2019

GM, LC Chem announce $2.3 billion EV battery venture in Ohio

General Motors Co .and South Korea's LG Chem said on Thursday they will invest $2.3 billion to set up an electric vehicle battery cell joint venture plant in Ohio, creating one of the world's largest battery facilities......»»

Category: topSource: reutersDec 5th, 2019

Electric pickup, batteries included in GM"s $7 billion pledge

An all-electric pickup truck and an advanced battery system will be part of the $7 billion that General Motors Co has pledged to invest in the United States as parts of contract talks with the United Auto Workers......»»

Category: topSource: reutersSep 16th, 2019

GM to spend $20 million more on equipment upgrade at Arlington plant

General Motors Co said on Tuesday it would invest an additional $20 million to upgrade equipment at the automaker's Arlington Assembly plant in Texas, ahead of the launch of full-size sports utility vehicles (SUVs)......»»

Category: topSource: reutersJun 25th, 2019

GM to invest $2.7 billion in Sao Paulo, Brazil factories over five years

General Motors Co said on Tuesday it would invest $2.7 billion in two Brazilian factories over the next five years, sparing them from a shakeup of the automaker's operations, a decision hailed by the governor of Brazil's largest state......»»

Category: topSource: reutersMar 19th, 2019

General Motors to invest $2.7 billion in Brazil"s Sao Paulo over five years

General Motors Co sai.....»»

Category: topSource: reutersMar 19th, 2019

GM Korea to turn a profit in 2019; plans SUV, crossover

(Reuters) - General Motors Co's South Korean unit reiterated on Friday that it should return to profitability by 2019 and that it will invest $2.8 billion in a new, small SUV as well as a crossover vehicle for the local market and for export......»»

Category: topSource: reutersMay 11th, 2018

Softbank Vision Fund to invest billions in GM"s San Francisco self-driving car operation

In what General Motors Corp. CEO Mary Barra calls "a landmark investment," the Softbank Vision Fund will invest $2.25 billion in GM Cruise Holdings LLC, the San Francisco-based developer of self-driving cars. GM acquired the forerunner startup Crui.....»»

Category: topSource: bizjournalsMay 31st, 2018

GM, Softbank are $2 billion self-driving partners

Japan’s SoftBank will invest $2.25 billion in General Motors Co’s autonomous vehicle unit Cruise, the companies said on Thursday, a deal that validates the venerable Detroit automaker’s head-start in self-driving cars......»»

Category: videoSource: reutersMay 31st, 2018

Honda teams up with GM on self-driving cars

Honda and General Motors are teaming up to create a new generation of fully autonomous vehicles. Honda will invest $2 billion over 12 years into GM's autonomous vehicle subsidiary, Cruise......»»

Category: topSource: moneyOct 3rd, 2018

Honda to invest billions in Cruise, GM"s self-driving car unit

Honda Motor Co. will invest $2.75 billion over the next 12 years in General Motors Co.'s self-driving car unit, Cruise. The companies announced the deal on Wednesday, beginning with Honda's (NYSE: HMC) immediate $750 million investment in Cruise, wh.....»»

Category: topSource: bizjournalsOct 3rd, 2018

Honda and GM Are Teaming Up on Autonomous Vehicles

They'll invest $2.8 billion over next 12 years. Honda and General Motors, two leading automakers, are teaming up to explore self-driving cars. Honda, on Wednesday, took a $750 million equity stake in GM’s autonomous vehicle sub.....»»

Category: europeSource: fortuneOct 3rd, 2018

Honda invests $2bln in GM self-driving car unit

Honda Motor will invest $2 billion in exchange for a stake in Cruise, General Motors' self-driving vehicle unit, as the partners try and accelerate the industry's race toward the yet unproven technology......»»

Category: videoSource: reutersOct 3rd, 2018