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General Motors Drops Ultium Name, Announces New Battery Facility
Despite dropping the name, the batteries will stick around, and the new facility aims to reduce costs and development times while improving profit margins.
General Motors Ditches Ultium Branding for EVs As Battery Strategy Shifts
GM is giving up on trying to make 'Ultium' a thing. After years of marketing the name "Ultium" for its electric vehicle technology, even going as far as promoting the moniker in Super Bowl commercials,
General Motors Kills Battery Brand, Revives EV Profit Outlook
General Motors CEO Mary Barra and other top execs worked to assure investment analysts its EV strategy is sound, but the end is coming for its young battery brand.
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 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
19h
on MSN
General Motors 'has some work to do' when it comes to EV sales: Fmr. Tesla Board Member Steve Westly
Steve Westly, former Tesla board member and The Westly Group founder, joins 'Closing Bell Overtime' to talk General Motors' ...
1d
on MSN
Jim Cramer Says General Motors Company (GM) Is ‘Having A Great Year’
We recently published an article titled, 11 Stocks on Jim Cramer’s Radar Right Now. In this article, we are going to take a ...
22h
on MSN
General Motors CEO Mary Barra assures investors more profitable days are ahead
CEO says profit margins haven’t peaked on traditional internal combustion engine powered vehicles, and its EV sales are ...
newsbytesapp.com
4d
General Motors is working on an eyes-off, hands-free driving system
Super Cruise, launched in 2017, was the first true hands-free ADAS on the market. It uses a combination of LiDAR map data, ...
13d
General Motors: Brace For Substantial Returns To Shareholders
General Motors has consistently beaten EPS and sales estimates over the past two years. Read why we rate GM stock as a strong ...
13d
General Motors to recall over 18,000 vehicles on brake line concerns, NHTSA says
General Motors will recall 18,235 commercial vehicles in the United States over an issue with brake lines, the National ...
4d
General Motors cancels production on Friday at Flint Assembly due to Hurricane Helene
The automaker said the hurricane had impacted suppliers, and the company is working with them to resume operations as soon as possible.
11d
General Motors Valuation Is Now Officially Ridiculous For A Profitable Company; Time To Buy?
We advise caution on General Motors stock due to ongoing technological changes and declining auto sales, recommend avoiding ...
Tuko on MSN
6d
General Motors sees Q3 US auto sales decline amid 46% growth in EV sales
General Motors reported a 2.2 per cent decline in third-quarter US auto sales, totaling 659,601 units. However, electric ...
2h
on MSN
Where Will General Motors Stock Be in 10 Years?
General Motors (NYSE: GM) has dramatically underperformed the S&P 500, which returned almost 250% over the same time frame.
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Hurricane Helene
Texas
Ultium
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