Tag Archives: Doug Parks

Happy New Year! GM Reorganizes Regions and PD

General Motors Co. (NYSE: GM) said today that is making changes to its product development team and creating a new role to oversee its global regions. This reorganization is partially the result of the retirement of Doug Parks, GM executive vice president of Global Product Development, Purchasing and Supply Chain, after a ~40-year career at the company. All changes take effect on 2 January 2024.

“We’ve spent years preparing GM to transition to an all-electric future, and Doug’s leadership has been pivotal. We are grateful for his many contributions to GM’s success,” said GM Chair and CEO Mary Barra. “The changes we are announcing today will continue to drive technical excellence and deliver groundbreaking vehicles to our customers around the world.” Continue reading

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GM Expanding Ultium CAM EV Battery Joint Venture

General Motors (NYSE: GM) and POSCO Future M announced today the second phase of their Ultium CAM joint venture, an investment forecast to exceed $1 billion to increase production capacity of Cathode Active Material (CAM) for EV batteries. While CEO Mary Barra admits that GM was slow to embrace EVs, GM is now clearly among the leaders in what is the future of automobility. Today’s announcement is the latest in a series of actions GM has taken to build a more secure EV supply chain. Continue reading

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US Made Semiconductors – GM, GlobalFoundries Ink Deal

“I have long said that Upstate New York’s semiconductor corridor will be a major engine powering America’s technological future, and now ‘Made in New York’ chips will help jumpstart the next generation of vehicles for GM across the country,” said U.S. Senate Majority Leader Charles Schumer. Schumer of course we key in developing and passing the Biden Administration’s bi-partisan CHIPS and Science Act, which is bringing  manufacturing back to US supply chains. Continue reading

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GM Ultium-based EVs Now Have a Heat Pump

Since EV batteries, power electronics and other propulsion components produce heat, this is another step toward the more efficient use of energy. The Ultium Platform can recover and store this waste heat from the Ultium propulsion system. It can also capture and use humidity from both inside and outside the vehicle, including body heat from passengers. Continue reading

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