Spinoff of General Motors’ EV assets not off the table, says CEO

General Motors

General Motors CEO Mary Barra stated on Wednesday that “nothing is off the table” when it comes to maximizing the worth of the No. 1 U.S. automaker’s electric vehicle efforts, including a potential spinoff of those assets. Speaking to analysts after the automaker reported a smaller-than-expected loss in a quarter impacted by the coronavirus crisis, […]

General Motors wants Trump administration to support national electric vehicle program

general motors

General Motors stated on Friday it wants the Trump administration to support a nationwide program to increase the sale of zero emission vehicles such as electric cars, even as the government has proposed ending California’s ability to need more clean vehicles. GM states a nationwide program modeled on California’s effort could bring 7 million electric […]

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 […]