The US battery electric vehicle (BEV) market, valued at $102.56 billion in 2025, is projected to reach $715.5 billion by 2033, growing at a 25.6% CAGR. Growth is fueled by government incentives, expanding charging infrastructure, advances in battery technology, and increased domestic manufacturing. Stricter emissions regulations and investments by automakers like GM and Ford are accelerating zero-emission vehicle production. Challenges include high vehicle costs and material price volatility, but ongoing innovation and policy support are expected to sustain market expansion.
An analyst has reaffirmed a Strong Buy rating on General Motors, setting a price target of $104, which implies a 30% upside from the current price of $80. The positive outlook is driven by factors such as the next-generation Silverado and Sierra mode...
General Motors reported a 2% increase in Q2 revenues, boosted by higher-margin services like OnStar and improved North American margins. The company raised its 2024 guidance, expecting adjusted free cash flow between $9.5 billion and $11.5 billion, a...
TSMC and ASML have confirmed that demand for AI memory remains exceptionally strong, but industry supply growth is limited by fully booked EUV capacity through 2028. The US and Japan are investing billions to support Micron Technology's manufacturing...
General Motors announced it will introduce new gas-powered Cadillac models starting next spring, including updated versions of the CT5 sedan, XT5 SUV, and the return of the XT6 SUV. This marks a shift from GM's earlier plan for Cadillac to sell only ...
General Motors (GM) raised its full-year 2026 profit forecast following better-than-expected Q2 results, with adjusted EPS up 41% to $3.57 and revenue rising 1.9% to $48.03 billion. Despite $2.3 billion in one-time charges related to its electric veh...
