The recalibrated EV demand-and-supply equilibrium has pushed GM to take this step, but it's not as bad as it sounds.
Partnerships, job cuts, restructuring in China and dumping Cruise's robotaxi fleet signal that GM is hyperfocused on cost controls going into 2025.
General Motors is selling its stake in an electric vehicle battery facility to its partner LG Energy Solutions, the automaker ...
GM said it sees a better business case in developing autonomous technology for personal cars rather than to develop robotaxis ...
GM has invested billions in new Ultium Cells battery production plants to support the EV transition. However, these facilities aren't running at full capacity.
General Motors will not own a stake in the Ultium Cells battery plant in Lansing after all.
GM made the announcement amid a push by executives to be more capital-efficient and make its electric vehicles profitable.
General Motors has sold its stake in its joint venture battery plant in Lansing, Michigan, leaving workers in a state of ...
GM and LG Energy Solution have announced an expansion to their existing battery technology partnership to include the ...
General Motors says it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle ...
The joint-venture partners are extending their electric-vehicle battery collaboration to include a space-efficient, ...
GM announced plans to sell its stake in the nearly completed Lansing, Michigan, EV battery plant to joint venture ...