Browsing the "gm" Tag

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GM invests big in solar energy (and starts building ventilators)

Renewable energy developers are wilting under the economic pressure attending the COVID-19 crisis, but major US clean energy buyers are still keeping the decarbonization movement going. In the latest news on that score, General Motors has just announced a new clean power investment of 500,000 MWh in solar through the Michigan utility DTE, even as it makes […]

April 21st

Coronavirus is slamming EV sales, but critic asserts rebound will be sharper than for fossil fuel cars

In a stunning but unsurprising report, Wood-Mackenzie consultants on Wednesday forecast that global electric vehicle sales will drop 43% in 2020 as a consequence of the economic response to the spread of the novel coronavirus. But Stan Cross at the Southern Alliance for Clean Energy argues there’s no reason to believe the EV market will be hurt worse than the car […]

April 11th

GM and Ford double down on SUVs, miss the boat on EVs

According to a report by Reuters, both GM and Ford have revealed their marketing plans for the North American market over the next several years and they call for lots of shiny new SUVs with infernal combustion engines and a trickle of electric vehicles. By Steve Hanley Cleantechnica Based on data supplied by both automakers to AutoForecast […]

April 1st

GM says its EV cars and trucks will be profitable from day 1

On Monday, General Motors announced its plans to build all-electric trucks and SUVs, along with the Cruise Origin, an electric autonomous ride sharing vehicle, at the Detroit-Hamtramck assembly plant. The plant, which currently employs 900 workers and produces the Cadillac CT6 and the Chevrolet Impala, will become GM’s first and only dedicated factory producing 100% […]

January 29th

The EV revolution is about to get messy

Those of us who have followed the electric vehicle market for several years (or, for some of you, decades) can easily get complacent about where the EV revolution is and where it’s headed. We can be lulled into a semi-sleeping state by monthly sales reports, by routinely seeing EV market share of 1–2% in some […]

August 22nd

Not the Onion: GM and VW statements on their plan for EVs will leave you laughing

Big Auto’s executives have a long history of taking shots at Tesla. Now, two industry giants, VW and GM, have decided to dismiss the Silicon Valley automaker altogether and claim they’ll (instead) lead the EV revolution. Yet, their braggadocio, somehow, doesn’t seem to add up. Matt Pressman Larry Vellequette reports (via Automotive News Europe) that Volkswagen’s rhetoric about […]

January 18th