General Motors’ profit and revenue declined in its second-quarter but the automaker’s results managed to easily top Wall ...

General Motors (GM) had a strong quarter for electric vehicle sales despite experiencing a profit drop due to rising tariff costs. The company reiterated its commitment to making EVs central to its ...

The Detroit automaker signed an agreement with Redwood Materials to turn new and used EV batteries into storage systems to ...

The Spring Hill plant is part of the Ultium Cells LLC joint venture between GM and battery supplier LG Energy Solution. A ...

GM has said its goal is to sell more than 1 million EVs globally by 2025 and, to do that, Barra said, "We are increasing our investment to scale faster because we see momentum building in the ...

GM invests in ‘AI-enabled’ battery startup that could help build cheaper EVs. GM is leading a $60 million investment round in California startup Mitra Chem to speed up efforts to transition to ...

Tariffs cost GM $1.1 billion in the second quarter and could cost $5 billion this year alone. The added fees weighed on the ...

General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst ...

GM and LG Energy Solution, through their joint venture Ultium Cells LLC, are investing $2.6 billion to build the third U.S. battery plant they have planned. Two others are in northeast Ohio and ...

The investment is in addition to the $2.3 billion investment GM and LG announced in April 2021. Production at the 2.8 million-square-foot facility will start late next year.

GM is developing new battery tech on a number of technological fronts. Along with its Mitra Chem investment, it's working on pouch- and prismatic-style cells shaped like flattened boxes to reduce ...

The investment, which GM said is its single largest in the company's 112-year history, will help transform the state into an EV and battery production powerhouse. The investment breaks down into a ...