FedEx and General Motors Support RMI Research to Accelerate Transportation Electrification
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General Motors (GM) announces $1B investment in Brookville DMAX plant
June 16, 2023 2:27 PM EDTGeneral Motors (NYSE: GM) held an event at their DMAX plant in Brookville, Ohio Friday where the automaker announced that it would invest nearly $1 billion into the facility.
During the event, GM leaders said it would be spending $920 million into the facility to help support the production of... More
General Motors (GM) and Ford (F) executives comment on rebound of US consumer demand
June 15, 2023 2:39 PM EDTTop executives from General Motors (NYSE: GM) and Ford Motors (NYSE: F) commented Thursday that new vehicle demand from U.S. retail and commercial customers is outpacing expectations.
Their comments highlight an optimistic report released by The U.S. Commerce Department indicating a surprising increase in retail sales for May as a growing number of Consumers are purchasing vehicles and various other goods.
"If the consumer remains at this strength, we could significantly outperform what we said" about full-year performance, General Motors Chief... More
Elon Musk encourages Toyota (TM) to join EV charging revolution, embrace NACS connector
June 14, 2023 2:27 PM EDTTesla (NASDAQ: TSLA) CEO Elon Musk suggested on Twitter Wednesday that he would welcome Toyota (NYSE: TM) into the coalition of automakers that have already adopted his companys charging connector, known as the North American Charging Standard (NACS).
Over the past several weeks, numerous automakers and charging companies have already committed to adopting the NACS connector.
The moves were started by Ford... More
