BrightDrop, General Motors Co.s new electric delivery and logistics business, has delivered the first five vans of an order of 500 to FedEx Corp., the company said Dec. 17.
December 17, 2021GM News Updates
BrightDrop Delivers First Electric Vans to FedEx
LG Energy Seeks Up to $10.8 Billion in Record IPO
LG Energy Solution plans to raise as much as $10.8 billion in what would be South Koreas biggest-ever initial public offering, defying concerns over fires involving its batteries that led to a mass recall of Chevrolet Bolt electric vehicles.
December 7, 2021GM Venture to Build Battery Chemical Plant
General Motors is forming a joint venture with Posco Chemical of South Korea to build a North American battery materials plant as it brings more steps in the electric vehicle supply chain under its umbrella.
December 1, 2021Merchants Fleet Expands Order of BrightDrop EVs
DETROIT BrightDrop, a General Motors Co. startup making electric delivery vehicles, said Nov. 18 that Merchants Fleet is planning to expand its purchase order to receive a total of 18,000 BrightDrop EVs.
November 19, 2021GM Beats Estimates, Sees 2021 Profit at High End of Guidance
General Motors Co. beat analysts consensus estimate for the latest quarter thanks to strong performance from its financial unit and a one-time gain, and said full-year results would come in at the high end of its previous guidance.
October 27, 2021GM to Install 40,000 Public EV Chargers
General Motors Co. will use its dealership network to deploy up to 40,000 electric vehicle chargers across the U.S. and Canada, as the veteran automaker ramps up its shift to plug-in models.
October 26, 2021GM Plants That Closed Due to Chip Shortage to Reopen Nov. 1
DETROIT For the first time in eight months, the global shortage of computer chips wont force General Motors to keep any North American factories closed.
October 22, 2021GM Gets LG to Cover $1.9 Billion in Bolt EV Recall Costs
General Motors Co. said it reached an agreement with partner LG Electronics Inc. to recover from the South Korean company $1.9 billion of the $2 billion in costs for a recall of batteries in its Chevrolet Bolt electric vehicle.
October 12, 2021GM Vows to Surpass Tesla in Electric Vehicle Sales
WARREN, Mich. General 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, profitable gas-powered cars and trucks, and services such as an electronic driving system that can handle most tasks on the road.
October 6, 2021GMs Future EVs Get Range Boost With Wolfspeed Deal
General Motors future electric vehicles will offer more range on a single charge and charge faster because of a new supplier agreement it announced with Wolfspeed Inc.
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