GM’s EV business now covers production costs but still operates at a loss. Higher sales and stable incentives are crucial for future profits.

01/29/2025

No Comments

AUTO

Cadillac LYRIQ Dominates as the Best-Selling Midsize Luxury EV SUV in the U.S.

The Cadillac LYRIQ, the best-selling midsize luxury EV SUV in the US, sold 20,000 units in 2024, with used models starting at $42,295!

12/24/2024

No Comments

EV CHARGING

GM and ChargePoint Bring 500 Fast EV Chargers with No Adapter Hassle

GM and ChargePoint will launch 500 EV stations by 2025 with Omni Port tech letting CCS or NACS EVs charge adapter-free, no hassle.

12/24/2024

No Comments

AUTO

Surprising Deals on Chevy Bolt EUV in the Used EV Market

A used Chevy Bolt EUV starts as low as $15,800, offering a budget-friendly entry into electric driving with solid range and reliable performance.

12/20/2024

One Comment

AUTO

GM Ends Cruise Robotaxi Plans After $10 Billion Loss

GM drops Cruise’s robotaxi plan after $10B loss, focusing on private autonomous cars. Can they fix trust and tech issues?

12/15/2024

No Comments

AUTO

GM Sells Battery Plant Stake to LG Energy Solutions as EV Plans Evolve

GM sells its stake in Lansing’s Ultium plant to LG, focusing on ‘prismatic cells’ to improve EV range and profitability despite subsidy risks.

12/09/2024

No Comments

AUTO

GM’s Q3 Results Show Strong Revenue, Higher 2024 Forecasts, and EV Momentum

GM’s Q3 revenue rose to $48.8B, boosting 2024 guidance and focusing on EV growth with investments in battery manufacturing and market expansion.

11/05/2024

No Comments

AUTO

GM EV Drivers Can Now Tap into 17,800 Tesla Superchargers with a Simple Adapter

GM EVs can now access Tesla Superchargers with a $225 adapter, while future models will feature Tesla’s charging port for easier access.

09/19/2024

No Comments

AUTO

Why the Chevrolet Bolt EV Still Remains the Cheapest Electric Car Despite Recalls

Despite recalls, the Chevrolet Bolt EV remains a cheaper electric vehicle with used models under $10K, and GM plans to launch an affordable new Bolt by 2025.

08/19/2024

One Comment

AUTO

GM’s Q2 2024: Record EV Sales Surge Led by Cadillac Lyriq Despite SUV Challenges

GM’s Q2 2024 sales hit a record high, driven by a 40% surge in EV sales and strong truck performance, despite ongoing challenges with SUV sales.

07/09/2024

No Comments

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GM is Making Money on EVs But Not Enough to Cover the Costs

GM’s EV business now covers production costs but still operates at a loss. Higher sales and stable incentives are crucial for future profits.

01/29/2025

No Comments

AUTO

Cadillac LYRIQ Dominates as the Best-Selling Midsize Luxury EV SUV in the U.S.

The Cadillac LYRIQ, the best-selling midsize luxury EV SUV in the US, sold 20,000 units in 2024, with used models starting at $42,295!

12/24/2024

No Comments

EV CHARGING

GM and ChargePoint Bring 500 Fast EV Chargers with No Adapter Hassle

GM and ChargePoint will launch 500 EV stations by 2025 with Omni Port tech letting CCS or NACS EVs charge adapter-free, no hassle.

12/24/2024

No Comments

AUTO

Surprising Deals on Chevy Bolt EUV in the Used EV Market

A used Chevy Bolt EUV starts as low as $15,800, offering a budget-friendly entry into electric driving with solid range and reliable performance.

12/20/2024

One Comment

AUTO

GM Ends Cruise Robotaxi Plans After $10 Billion Loss

GM drops Cruise’s robotaxi plan after $10B loss, focusing on private autonomous cars. Can they fix trust and tech issues?

12/15/2024

No Comments

AUTO

GM Sells Battery Plant Stake to LG Energy Solutions as EV Plans Evolve

GM sells its stake in Lansing’s Ultium plant to LG, focusing on ‘prismatic cells’ to improve EV range and profitability despite subsidy risks.

12/09/2024

No Comments

AUTO

GM’s Q3 Results Show Strong Revenue, Higher 2024 Forecasts, and EV Momentum

GM’s Q3 revenue rose to $48.8B, boosting 2024 guidance and focusing on EV growth with investments in battery manufacturing and market expansion.

11/05/2024

No Comments

AUTO

GM EV Drivers Can Now Tap into 17,800 Tesla Superchargers with a Simple Adapter

GM EVs can now access Tesla Superchargers with a $225 adapter, while future models will feature Tesla’s charging port for easier access.

09/19/2024

No Comments

AUTO

Why the Chevrolet Bolt EV Still Remains the Cheapest Electric Car Despite Recalls

Despite recalls, the Chevrolet Bolt EV remains a cheaper electric vehicle with used models under $10K, and GM plans to launch an affordable new Bolt by 2025.