General Motors (GM) GM and partners launch national EV fast-charging network

UAW accuses VW, Hyundai, and Honda of illegal union busting

December 11, 2023 3:13 PM EST

The United Auto Workers (UAW) union announced Monday that workers organizing with the UAW at Honda (NYSE: HMC) in Indiana, Hyundai in Alabama, and Volkswagen in Tennessee, have filed charges against management for illegally union-busting.

The union, riding high on recent wins in Detroit, has been collaborating with employees from 13 different automakers to unite their workforce. Altogether, approximately 150,000 autoworkers are covered by this union effort.

These companies are breaking the law in an attempt to get... More

EVgo, Inc. (EVGO) PT Lowered to $3.50 at Citi

December 8, 2023 4:33 AM EST

Citi analyst Itay Michaeli lowered the price target on EVgo, Inc. (NASDAQ: EVGO) to $3.50 (from $5.25) while maintaining a Neutral rating.... More

U.S. House votes to pause Biden EV regulations

December 7, 2023 3:48 PM EST

The Republican-led House of Representatives, on Wednesday, voted to prevent the Biden administration from implementing strict regulations on vehicle emissions, which aimed to have 67% of new vehicles powered by electricity by 2032.

"While EVs may play a large role in the future of the auto industry, Washington should not discount other technologies like... More

General Motors (GM) joins with Autocar Industries to build heavy-duty hydrogen vehicles

December 7, 2023 11:50 AM EST

General Motors (NYSE: GM) and Autocar Industries announced Thursday that the two companys have agreed to collaborate on creating hydrogen-fueled heavy vehicles utilizing GM's fuel cell unit, Hydrotec.

These innovative vehicles, aiming for zero emissions, will replace conventional diesel-powered models like cement mixers, dump trucks, refuse trucks, road maintenance... More

Over 1,000 VW workers sign union cards in Tennessee

December 7, 2023 10:34 AM EST

The United Auto Workers (UAW) union revealed Thursday that more than 1,000 Volkswagen factory workers at the automakers Chattanooga, Tennessee assembly plant have signed union authorization cards.

The news follows an announcement last week where the union said that they would launch a first-of-its-kind push to publicly organize the entire nonunion auto sector in the U.S. A push energized by record contract negotiations with the Detroit Three automakers.

The UAW said last week that when 30% of employees in a nonunionized facility sign cards expressing their... More

GM hydrogen unit to supply fuel cells for Autocar's heavy vehicles

December 7, 2023 8:06 AM EST

By Nick Carey

(Reuters) - General Motors' and Autocar Industries have agreed to jointly develop hydrogen-powered heavy vehicles powered by the No.1 U.S. automaker's fuel cell unit Hydrotec, the two companies said on Thursday.

The first of the new zero-emission vehicles which are traditionally powered by diesel engines - such as cement mixers, dump trucks, refuse trucks, road maintenance vehicles and terminal tractors - are expected to go into production in 2026 at Autocar's... More