GM’s Mary Barra pushes back against autonomous vehicles doubters
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- Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears
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- Citi warns global stock markets are the frothiest since 2008
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- Fed risks fueling a stock bubble by overlooking AI-driven inflation: BCA
- Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears
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GM and POSCO Future M to Expand EV Battery Supply Chain in North America with New Integrated CAM and Precursor Processing Complex
June 2, 2023 7:00 AM EDTComplex planned to produce Cathode Active Material (CAM) and Precursor CAM (pCAM) for 360,000 EVs annually
New investment expanding the Ultium CAM joint venture, projected to exceed $1 billion, which includes an additional CAM and a precursor facility for local on-site processing of critical mineralsGM's partnerships, investments and strategic supply agreements across the EV supply chain are helping to create thousands of jobs in Canada, the United States and... MoreFord Next Launches Flexible Lease Pilot – Ford Drive – With Uber, Aiming to Boost Electric Rideshare Adoption
June 1, 2023 6:00 AM EDTNew pilot program creates flexible electric solutions for drivers who use the Uber platform in select U.S. markets, allowing them to lease a vehicle for more customized time periods The pilot is the first of its kind between an automaker and rideshare network, furthering both companies electrification and emissions goals When high-mileage drivers make the switch to electric, communities see up to four times the emissions reduction benefit compared to the average car owner, according to Ubers... More
