GM says its EV business has become ‘variable profit positive’— but experts say the automaker is still a ways out before it starts making money on electric cars
In the last quarter of 2024, General Motors said it had become “variable profit positive” for the first time for its electric ...
GM Authority13d
GM Signs Agreement With Vianode For EV Battery Synthetic Graphite Supply
GM has signed a new multi-billion dollar deal with Vianode to provide the automaker with graphite anode materials for use in ...
How GM Topped Tesla To Become One Of The Fastest-Growing U.S. EV Makers
The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed ...
GM just hit a huge EV milestone as the auto industry faces a tumultuous year
It's not easy to profit off EVs, but GM just took a big step in the right direction.
MarketWatch13d
GM looks to make cheaper EV batteries after signing multibillion-dollar deal
General Motors Co. has signed a multibillion-dollar deal with Norway-based graphite manufacturer Vianode for materials for electric-vehicle batteries. The deal comes as GM looks to boost EV ...
TopSpeed on MSN8d
GM Secures Large Supply Of Synthetic Graphite For EV Batteries
On Monday, Reuters reported that GM and Vianode inked a deal that will help the automaker secure a supply of synthetic ...
Could Trump policy flip unplug South Bend area EV plant?
President Trump rescinded goals set by the Biden administration for the production of EVs. Here's what we know about its ...
General Motors' SWOT analysis: stock outlook amid EV push, pricing pressures
General Motors Company (NYSE:GM), a leading American automaker, finds itself at a critical juncture as it navigates the ...
Detroit Free Press15d
GM inks multibillion-dollar deal for synthetic battery materials that would bypass China
General Motors has inked a multimillion-dollar deal with a Norwegian battery supplier for its synthetic ... “The entire EV ecosystem depends upon the import of one critical mineral,” Vianode ...
Battery Maker LG Energy Slashes Spending on EV Demand Risks
Battery maker LG Energy Solution Ltd. said it will make major cuts to spending this year, though it expects a rebound in ...
EV Tax Credit On The Chopping Block, Threatening Tesla And General Motors
[UPDATE] Tesla and General Motors stand to bear the brunt of the elimination of the federal EV tax credit.
Nasdaq13d
GM's EV Supply Chain Strengthens: Is the Stock a Value Play Now?
Their JV has established significant battery manufacturing capacity ... which continues to dominate with a 50% market share. General Motors’ EV sales totaled 114,000 in 2024, representing ...