General Motors (GM) October weekly 33 straddle priced into quarter results
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General Motors (GM) Recalls Electric Hummer over Faulty Battery Seal
October 25, 2022 1:39 PM EDTGeneral Motors (NYSE: GM) has issued a recall for 735 of the companys electric Hummer models and 89 BrightDrop EV600 electric vans after a fault was found in the battery seal that could allow water into the battery pack. If water were to enter the battery pack, the vehicles may... More
Top EV Companies Prepare to Spend Nearly $1.2 Trillion Through 2030
October 21, 2022 2:28 PM EDTAn exclusive report by Reuters today shows that the worlds top electric vehicle makers are prepared to spend nearly $1.2 trillion through 2030 to develop and produce electric vehicles, along with the batteries and raw materials to support production.
Reuters compiled public data and projections released by these companies to show that the EV investment figures dwarf previous investment estimates by analysts and is more than twice the most recent calculation published by the site just a year ago. Automakers have forecast plans to build 54 million battery electric vehicles in 2030, representing more than 50% of total vehicle production, according to the... More
GMC (GM) Introduces Sierra EV Truck
October 21, 2022 12:01 PM EDTAmerican auto maker, General Motors (NYSR: GM) introduced their first ever Sierra electric truck, making GM the only brand to offer three all-electric trucks. The Sierra EV joins the popular GMC Hummer EV Pickup and SUV.
This is the Denali of EVs and a truck that is every bit a GMC, said Duncan Aldred, vice president of Global Buick and GMC. That means it leaves nothing on... More
