The automaker said in a presentation for investors Wednesday that it will add about US$8 billion to its EV development spending from this year to 2025.
Driven by GM, Tesla, and the Biden administration, the U.S. is now poised to press ahead in the transformation to electric vehicles. Big challenges still loom, but technological advances, government support, and growing consumer appeal will drive the inevitable switch to EVs.
Ford is vowing to convert its entire passenger vehicle lineup in Europe to electric power by 2030 in just the latest sign of the seismic technological changes sweeping the auto industry.
General Motors has set a goal of making the vast majority of the vehicles it produces electric by 2035, and the entire company carbon neutral, including operations, five years after that.
Far from just impacting transportation today, the pandemic and ensuing economic fallout could have big implications for the transit systems of tomorrow.
Eight months after it seemed headed for the corporate junkyard, Tesla is now worth more than General Motors, Ford and Fiat Chrysler combined, even though the Big Three together sell more cars and trucks in two weeks than Tesla does in a whole year.
Environment Minister Catherine McKenna signed a vehicle-emissions agreement with California on Wednesday, June 26, 2019, that the state's governor and auto industry experts see as a signal that Canada is going to side with California in a U.S. dispute over emissions standards.
The federal government has started to give away money to encourage people to buy electric cars, but before long it will have to decide how far it will go to force the market towards lower-emission vehicles.
The GM plant closure in Oshawa, Ont. presents opportunities to create a hub for post-carbon industry and workforce,write Peter Stoett and Scott Aquanno of the University of Ontario Institute of Technology.
Failing to prepare the workforce to meet the demands of the changing economy jeopardizes Ontario’s ability to be relevant in emerging clean industries,writes Liliana Camacho.
General Motors is fighting to retain a valuable tax credit for electric vehicles as the nation's largest automaker tries to deal with the political fallout triggered by its plans to shutter several U.S. factories and shed thousands of workers.
Oshawa Generals team president and governor Rocco Tullio says the five-time Memorial Cup-winning club hasn't explored the possibility of changing its name now that General Motors plans to leave the city.
The head of Canada's largest autoworkers union wants Prime Minister Justin Trudeau to borrow the tactics of the U.S. president and get tough with General Motors, Donald Trump-style.
The head of the union representing workers at General Motors' car plant in Oshawa, Ont., argued on Tuesday, November 27, 2018, that the company's decision could lead to the collapse of the auto-parts industry in Canada and demanded a sharp response from the Trudeau Liberals.