GM, Ultium
GM drops Ultium name, says it will build a new battery center and EVs will be profitable
GM made several announcements at its investor day Tuesday including that it will build a new battery cell development center in Warren by early 2027.
GM expects lower EV losses in 2025, will drop Ultium name
General Motors said at an Oct. 8 investor day that it expects to build roughly 200,000 EVs this year as it targets profitability.
GM To Drop Ultium Brand For EV Batteries And Motors
It looks as though GM will give the Ultium brand the boot as it relates to the company's proprietary EV battery and EV drive motor technologies.
GM’s Ultium battery gets the ultimatum
GM will discontinue the Ultium battery brand name as it looks to expand the types of cells and chemistries it uses in its electric vehicles. During an investor event today, Kurt Kelty, GM’s VP of batteries and a former Tesla executive,
GM ditching 'Ultium' name for batteries, tech amid EV changes
GM confirmed the change ahead of an investor event in which it is expected to tout the flexibility of the company to produce both traditional vehicles and EVS.
GM reportedly ditching Ultium EV branding on batteries and tech
Stephen Edelstein October 8, 2024 Comment Now! General Motors is preparing to pull the plug on the Ultium branding for its EV batteries and related components, reports CNBC. The c
GM expects 2025 earnings to be similar to this year's despite industry headwinds
The Detroit automaker's targeted adjusted earnings before interest and taxes this year is between $13 billion and $15 billion ...
GM CEO assures investors more profitable days are ahead
General Motors CEO Mary Barra sought to soothe shareholders' worries that lagging demand for electric vehicles and perceived ...
Decision Time for GM in China: Stay, Scale Back or Go
The country’s sharp shift to EVs and stronger local competition have deflated a key profit engine for the U.S. automaker.
GM teases next-gen Chevy Bolt EV: faster charging, multiple models
The next-gen Bolt will charge faster than the current generation, though Reuss wouldn’t say how fast. The current Bolt sips ...
Electrek8h
GM takes a shot at Ford after taking over as number two EV brand in the US
GM is the second best-selling EV brand in the US after topping Ford in the third quarter. With EV prices coming down, GM took ...
GM resumes production after hurricane-related supplier issue
General Motors said Monday it is resuming production at two assembly plants in Texas and Michigan after it temporarily halted ...
Crain's Detroit5h
GM plans new $145M battery cell plant in Warren
General Motors Co. is planning to build a $145 million battery cell prototype plant at its Global Technical Center campus in ...
GM execs pitch investors on how it's cutting costs, maintaining profits
Updates include ditching the Ultium name for GM's battery platform and building a battery development facility at the Warren ...
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How the Sixers stacked up in this year’s GM survey
So, starting with the offseason, it seems the signing of Paul George was a very popular move across the league. The Sixers ...
GM Met With Investors Tuesday. The Car Business Is Better Than Many Fear.
Everything from electric vehicles to self-driving cars to the state of the car business was on the agenda. Investors, for the ...