GM says its EV business has become ‘variable profit positive’— but experts say the automaker is still a ways out before it starts making money on electric cars
In the last quarter of 2024, General Motors said it had become “variable profit positive” for the first time for its electric ...
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General Motors expands its electric vision through GM Energy
GM is redefining the role of EVs, turning them into more than just a mode of transportation through its GM Energy initiative.
General Motors’ robotaxi unit lays off half of its staff, including CEO and CTO
General Motors’ Cruise will lay off about 1,000 employees, including CEO Marc Whitten, as it shifts focus from robotaxi to ...
Cold Fusion on MSN2d
How General Motors Killed the First Modern Electric Car
General Motors once led the charge in electric vehicle innovation with the EV1, a car ahead of its time. But instead of revolutionizing the auto industry, GM made a shocking decision to pull the plug.
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General Motors expands EV vision through GM Energy initiative
GM is redefining the role of EVs, turning them into more than just a mode of transportation through its GM Energy initiative.
GM's Electric Vehicles Finally Earned More Than They Cost to Make
General Motors announced that its EVs became "variable profit positive" last year, earning more money than the labor and ...
electrive7d
GM minimises losses from electric cars
According to the recently published annual report, General Motors is making progress with the cost structure of its electric ...
General Motors Q4 Earnings Preview: EV Tax Credits, Tariffs, Political Impacts
General Motors has beaten revenue and earnings per share estimates from analysts in each of the last 9 straight quarters.
Honda’s Merger With Nissan Is Probably Over Before It Even Began
Plus Elon Musk’s politics are putting buyers off in Europe and General Motors slashed 1,000 jobs from its autonomous Cruise ...
GM’s electric vehicles are finally making money — sort of
General Motors is still very much a company that runs on gasoline, but electric vehicles are increasingly becoming an ...
Ford CEO: We Need EREVs Because Americans 'Love Their Big Trucks'
Extended-range electric vehicles will be essential to the American market, Ford CEO Jim Farley said on the company's earnings ...
Hyundai and General Motors get cozier as they eye the U.S. electric vehicle market
Looking ahead, Hyundai ( OTCPK:HYMTF) stated that it aims to sign binding deals with General Motors (NYSE: GM) involving ...