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EV slump forces GM to cut 1,750 jobs in major overhaul
General Motors is cutting 1,750 jobs and reshaping its electric vehicle strategy as demand cools and costs bite into profits.
General Motors is slashing production at its electric vehicle plant in Detroit, affecting more than 3,000 jobs there and at two joint-venture battery plants, in response to a slowdown in EV demand. GM ...
Reuters reports that some workers at the Ultium Cells EV battery plant in Spring Hill, Tennessee are heading home to South Korea following the Department of Homeland Security’s raid on the ...
(Motor Authority) — Ultium Cells, a joint venture between General Motors and LG Energy Solution, received conditional approval on Monday for a $2.5 billion loan from the Department of Energy to help ...
[Stay on top of transportation news: Get TTNews in your inbox.] General Motors Co. and LG Energy Solution plan to add more battery production lines at their joint venture plant in Tennessee to make ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min More than $4.3 billion has ...
General Motors said Wednesday that it plans to lay off about 1,200 workers at its Detroit-area all-electric factory and cut 550 jobs at its Ultium battery cell facility in Ohio. GM will also ...
The hum of machinery at GM's Detroit Factory Zero faded abruptly one afternoon, signaling more than just the end of a shift. Within hours, General Motors announced sweeping layoffs and furloughs ...
For current electric vehicle buyers, the news of the federal EV tax credits disappearing before the end of the year is probably spurring a second look at their budgets. Can they still swing that entry ...
Last quarter was a massive one for electric vehicles in America. Sales skyrocketed as buyers made sure not to miss out on the last opportunity to buy an electric car at the best discount they'll see ...
A Florida couple has filed a proposed nationwide class action lawsuit against General Motors LLC, accusing the automaker of ...
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