GM inks multi-billion-dollar deal for EV-battery materials

GM has been making a lot of changes to its battery technology, which could reduce the price of its EVs, but this may only be a short term fix.
GM vice president of battery cell and pack, Kurt Kelty, highlighted the broader impact of the partnership, noting that it has already created thousands of advanced technology jobs in the U.S.
State records obtained by The Detroit News indicate the entire performance-based grant was paid out by the Michigan Treasury Department to GM and its partner in an EV battery plant between June ...
Shares of General Motors Co. rose more than 2% on Wednesday afternoon, on track to mark a third consecutive session of gains ...
These include a low center of gravity thanks to its battery pack, instant torque, and regenerative braking. Looking first at the propulsion system enabling the towing, the 2025 GMC Sierra EV ...