GM Energy announced it has expanded its portfolio of home energy management products with the PowerBank, a new modular energy storage system (ESS) that can transfer and store energy from the local ...
As part of a broader move towards all-electric powertrains, GM launched the Ultium brand as a means of identifying its proprietary EV battery and EV motor technology. Now, however, it looks as ...
GM is launching its new PowerBank home battery unit today, which slots right into the company’s lineup of residential energy management products. The battery lets homeowners collect energy at ...
Battery and materials cost reductions also could offset some softer pricing. GM executives did not say whether EVs will be profitable in 2025. They pointed to the improving trajectory as a sign of ...
Alex Carver is a writer and researcher based in Charlotte, N.C. A contributor to major news websites such as Automoblog and USA Today, she’s written content in sectors such as insurance ...
GM CEO forecasts 2025 profits similar to 2024 GM reducing inventories in China and improving sales, Barra says Automaker will sunset Ultium branding on batteries Cruise unit expected to lose no ...
According to The New York Times, GM will collect around $800 million in subsidies from the government for manufacturing EV batteries in the US thanks to the Biden administration’s Inflation ...
Yahoo Finance senior autos reporter Pras Subramanian details the top takeaways from Ford's earnings print, highlighting how Ford is stacking up with rival automakers General Motors (GM ...
GM is remedying the problem by reimbursing affected customers with a $250 check via the Chevy dealer network. The reimbursement program is in effect through October 31 st, 2026. The Universal Home ...
The company said the batteries and technologies will remain, but the name “Ultium” will go. GM also announced it will start building a battery cell development center at the company's Global ...
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GM debuted the Ultium brand in March 2020 as part of a much-hyped EV plan that was supposed to see 22 new electric models on sale in the US by 2023. The company formed a $2.3 billion joint venture ...