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- Federal Offense! Higher Prices, Transportation Costs, and Other Economic Blows From King Trump Tariffs
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GM, Samsung SDI Announce New US Battery Cell Plant
General Motors (NYSE: GM) and Samsung SDI announced today they plan to invest more than $3 billion to build a new battery cell manufacturing plant in the United States. The plant will have more than 30 GWh of capacity and will bring GM’s total U.S. battery cell capacity to about 160 GWh when it is at full production in ~2026. The companies plan to jointly operate the facility, and it is projected to have production lines to build nickel-rich prismatic and cylindrical cells. Continue reading
The Sweet Song of EVs – Cadillac Starts Lyric Production
General Motors today passed another milestone in its move to an all-electric future as Cadillac celebrated the beginning of retail production of the 2023 Cadillac LYRIQ at GM’s Spring Hill, Tennessee, assembly plant. GM President Mark Reuss, Cadillac Vice President Rory Harvey, Tennessee Gov. Bill Lee, UAW representatives, plant employees and other officials were on hand. The real dignitaries were the workers who made it happen. Continue reading
President Biden to Attend GM Factory ZERO Grand Opening
The so-called “Internet of Things” is changing manufacturing plants, enabling connected devices to deliver benefits to quality and safety. Countless systems and equipment rely on connectivity, such as robotics, sensors and the Automated Guided Vehicles that deliver materials across the factory floor. Continue reading
Chevrolet Bolt Returning as Affordable EV
“Our customers love today’s Bolt. It has been delivering record sales and some of the highest customer satisfaction and loyalty scores in the industry,” said Barra. “It’s also an important source of conquest sales for the company and for Chevrolet. We will keep the momentum going by delivering a new Bolt…and we will execute it more quickly compared to an all-new program with significantly lower engineering expense and capital investment by updating the vehicle with Ultium and Ultifi technologies and by applying our ‘winning with simplicity’ discipline.” Continue reading →