Despite dropping the name, the batteries will stick around, and the new facility aims to reduce costs and development times ...
GM is giving up on trying to make 'Ultium' a thing. After years of marketing the name "Ultium" for its electric vehicle ...
Wall Street analysts were unchanged in their opinion and ratings of General Motors, citing continued optimism but a lack of ...
GM didn't give a specific reason behind axing the Ultium brand but said its EVs are close to becoming profitable ...
Electric vehicle sales have slowed in 2024, forcing major automakers like Toyota and Ford to delay EV plans and double down ...
LONDON/MELBOURNE (Reuters) -Rio Tinto has agreed to buy U.S. based Arcadium Lithium for $6.7 billion, it said on Wednesday, a ...
Auto stocks have struggled in 2024 as investors wonder how much a weaker consumer could affect the sales and financing of ...
General Motors (NYSE: GM) has dramatically underperformed the S&P 500, which returned almost 250% over the same time frame.
Lessons have been learned, the fixes are in, sales volumes are up, and the Ultium name has been retired, GM leadership proclaims.
Mercedes-Benz is the only automaker with a Level 3 automated driving system on offer, but other automakers plan to catch up.
Chevrolet expects to ship the first Silverado EV pickups later this year, including its Work Truck models, which offer max ...
Tesla's automotive business doesn't look capable of justifying its premium valuation. And over the next three years, Elon ...