GM prepares to expand Bolt EV output, seeks Congress help

Chevrolet Bolts electrical vehicle

General Motors CEO Mary Barra contacted the United States Congress on Wednesday to expand a customer tax credit for electric vehicles as the automaker stated it would increase production of its EV Chevrolet Bolt in reaction to positive response. Barra also got in touch with U.S. regulators to consider when scoring automakers’ emissions the capacity […]

Opel CEO Karl-Thomas Neumann Developing Plan To Potentially Become Electric Brand

2017 Opel Amper-e Paris Motor Show

General Motors and PSA Group jointly surprised the market, media as well as Opel senior management when both automakers verified a possible acquisition of the Opel/Vauxhall brands by PSA remained in play. However, Opel CEO, Dr. Karl-Thomas Neumann, has been preparing a monumental shift at the blitz brand for some time. A new report states […]

General Motors shall lose $9,000 on each Chevrolet Bolt it sells

2017 Chevrolet autonomous Bolt EV

When Chevrolet released the first Volt, for instance, Reuters reported the automaker lost huge amounts on each car it offered. And if a report from Bloomberg is appropriate, the Volt’s brand-new zero-emissions stablemate, the Chevrolet Bolt EV, is experiencing a similar issue. Pointing out confidential sources knowledgeable about the matter, Bloomberg is declaring Chevy might […]

LG Chem expects General Motors selling more than 30,000 Bolt electric vehicles next year

2017 Chevrolet autonomous Bolt EV

LG Chem Ltd, a South Korean battery provider for General Motors upcoming Bolt electric automobiles, stated on Tuesday it anticipated the U.S. car manufacturer to sell over 30,000 of the cars next year. LG Chem vice president Kang Chang-beom made the forecast throughout a conference call to talk about the company’s third-quarter profits. General Motors […]

General Motors and Lyft expands their ride-sharing program

Lyft car sharing

Express Drive, the known car-rental service that is collectively operated by General Motors and Lyft, is pertaining to California and Colorado. From releasing in Chicago in March, the car-rental program focused on Lyft drivers, has broadened to Baltimore, Washington, DC, and Boston. Now it will introduce in San Francisco sometime this summertime, and then Los […]