Showing posts with label General Motors. Show all posts
Showing posts with label General Motors. Show all posts

Thursday, October 23, 2025

General Motors lifts financial forecast as Trump tariff outlook improves

To spur consumer demand, GM planned to offer a program that would have allowed its dealers to continue offering the tax credit on EV leases. It has since backtracked on the initiative following backlash from lawmakers, including Bernie Moreno, a Republican senator for Ohio and a former car dealer...

 

Wednesday, February 28, 2024

Opinion | China’s Electric Vehicles Are Going to Hit Detroit Like a Wrecking Ball - The New York Times

What the United States is trying to do is really hard. We want to preserve the economic geography and institutions of our old fossil-powered economy while retooling it to work in a new zero-carbon world. There's no small amount of irony in the fact that all those involved here — Democrats, Republicans, major automakers — resent China for achieving what was once a goal of, well, hippies and environmentalists: making electric cars popular and cheap. But if they've done it, we can do it too. It will take grit and good-faith effort. We should assume that Ford and General Motors will be competing with BYD and Geely for decades to come, and we should relish that…

Sunday, July 4, 2021

GM shakes up lithium industry with California geothermal project | Reuters

…The geothermal process involves extracting super-hot lithium-rich brine from reservoirs 8,000 feet (2.4 km) underground and using the heat to produce electricity, after which lithium is extracted from the brine...









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