General Motors Co. (NYSE: GM) is doubling down on battery technology leadership with a breakthrough chemistry launch planned for 2028, even as the automaker absorbs $7.2 billion in special charges ...
Reuters reports that some workers at the Ultium Cells EV battery plant in Spring Hill, Tennessee are heading home to South Korea following the Department of Homeland Security’s raid on the ...
General Motors is paying a steep price to slow its electric vehicle push, booking multibillion dollar charges as it retools factories and expectations around a more cautious transition. The company is ...
About 1,200 workers at General Motors Co.’s Detroit-area all-electric plant will be laid off as the company downsizes to a single shift in response to the slowing U.S. electric vehicle market. The ...
General Motors said Wednesday that it plans to lay off about 1,200 workers at its Detroit-area all-electric factory and cut 550 jobs at its Ultium battery cell facility in Ohio. GM will also ...
(Motor Authority) — Ultium Cells, a joint venture between General Motors and LG Energy Solution, received conditional approval on Monday for a $2.5 billion loan from the Department of Energy to help ...
General Motors (GM) said Wednesday it is laying off 1,750 workers indefinitely in the coming months and temporarily cutting 1,670 others as it scales back electric vehicle production. The ...
General Motors announced that it will cut more than 1,700 manufacturing jobs in reaction to changes in the electric vehicle market. "In response to slower near-term EV adoption and an evolving ...
About 1,200 workers at General Motors Co.’s Detroit-area all-electric plant will be laid off as the company downsizes to a single shift in response to the slowing U.S. electric vehicle market. The ...