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Tag Archives: Ultium
GM Doubles Down on EVs in Bid to Win Global Race
“Climate change is real, and we want to be part of the solution by putting everyone in an electric vehicle,” said Barra. “We are transitioning to an all-electric portfolio from a position of strength and we’re focused on growth. We can accelerate our EV plans because we are rapidly building a competitive advantage in batteries, software, vehicle integration, manufacturing and customer experience.” Barra’s announcement is in line with President Biden as of 20 January 2021. Continue reading
UAW Say GM’s Lordstown JV Battery Plant Dangerous
“This case study of Ultium Cells Lordstown shows there is a real danger that hundreds of billions in taxpayer dollars will subsidize an EV industry that underpays and endangers workers. Ultium is a joint venture of General Motors and LG Energy Solution. Its Lordstown, Ohio, plant makes the battery cells that power GM’s growing EV fleet. Ultium’s Lordstown plant could qualify for tax credits worth more than $1 billion a year,” the UAW said. Continue reading →