Tesla Hits Record Profit Despite Parts Shortage, Ship DelaysRecord electric vehicle sales last summer amid a shortage of computer chips and other materials propelled Tesla Inc. to the biggest quarterly net earnings in its history.
GM Reaches Deal With LG To Pay For Bolt Battery Recall CostsLG Electronics has reached a deal with General Motors to pay $1.9 billion to $2 billion to reimburse the automaker for the cost of recalling Chevrolet Bolt electric vehicles due to the risk of battery fires.
GM Sets To Double Revenue, Lead US In Electric Vehicle SalesGeneral 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.
GM Building Giant Battery Development Lab In Detroit SuburbGeneral Motors says it's building a huge new electric vehicle battery lab in Michigan where scientists will work on chemistry to cut costs 60% over current vehicles and allow people to travel 500 to 600 miles (800 to 965 kilometers) per charge.
Automakers Eye An Electric Future: GM, Ford To Be All Electric By 2040Despite the slowdown, electric vehicles are proving to be the future for automakers.
Michigan Plans 1st U.S. Charging Road For Electric VehiclesPlans are underway for Michigan to construct a first in the nation segment of road that will charge electric vehicles while they’re driving, Gov. Gretchen Whitmer announced Tuesday at the Motor Bella auto show in Pontiac.
Saginaw Hopes Charging Stations Will Bring People To TownElectric vehicles heading to northern Michigan are invited to stop and get some juice in Saginaw.
Semiconductor Wafer Manufacturer Announces $300 Million Michigan Expansion to Support EV GrowthSK Siltron CSS, a semiconductor wafer manufacturer, announced on Wednesday, July 14, plans to invest $300 million and create up to 150 high-paying, skilled jobs in Bay County, Mich., over the next three years to provide manufacturing and R&D capabilities of advanced materials for electric vehicles.
Ford Mustang Mach-E Wins Car And Driver Electric Vehicle Of The Year AwardThe Ford Mustang Mach-E has been given Car and Driver's first EV of the Year award. The award was open to all fully electric vehicles currently for sale in the US.
Automakers Face A Threat To EV Sales: Slow Charging TimesIf the auto industry is to succeed in its bet that electric vehicles will soon dominate the roads, it will need to overcome a big reason why many people are still avoiding them: fear of running out of juice between Point A and Point B.
Ford Expects Electric Vehicles To Be 40% Of Global Sales By 2030Ford expects 40% of its global sales to be battery-electric vehicles by 2030 as it adds billions to what it's spending to develop them.
President Biden To Visit Michigan TuesdayPresident Joe Biden is expected to visit Michigan this week ahead of Ford's launch.
GM Unveils New Logo To Brand Its New EV FutureGeneral Motors announced Friday a major shift in its brand by a newly designed logo.
Automakers Prep For Stronger Mileage Standards Under BidenNow that it's clear Joe Biden soon will be president, the fight over automobile pollution and fuel efficiency standards is likely to peter out, and U.S. consumers should see a broader selection of electric and efficient vehicles.
GM Announces Big Investments in Tennessee and Michigan Manufacturing Facilities - Gov. Whitmer Weighs InGeneral Motors announced today they will be making big investments to take the company into its electrically driven future.