General Motors (GM) has been fined $12.75 million for selling driver data. This penalty highlights regulatory scrutiny over data privacy but is viewed positively by investors, suggesting GM can move past the issue without major financial damage. The company is expected to strengthen data privacy measures going forward to avoid similar penalties.
GM is expanding into the fast-growing energy storage market by developing new sodium-ion batteries, which are cheaper and more durable than lithium-ion. This move targets rising demand driven by AI data centers and electrification across industries. ...
Rivian introduced the R2 SUV, priced significantly lower than its existing models, aiming to boost sales with a base price around $45,000 to $58,000. Despite CEO RJ Scaringe's enthusiasm, investors reacted negatively, causing the stock to fall over 6...
Dan Dreyfus warns that America's power grid, largely unchanged since WWII, is ill-equipped for modern demands like EVs, heat pumps, and AI data centers, leading to inevitable blackouts and brownouts. The main bottleneck is a shortage of skilled labor...
General Motors is expanding its energy business by developing and deploying sodium-ion batteries for grid storage, partnering with Peak Energy. This move follows a similar strategy by Ford, signaling a growing interest in alternative battery technolo...
General Motors is shifting focus from electric vehicles to energy storage by developing sodium-ion batteries with startup Peak Energy, aiming for commercialization by 2028. These batteries promise longer life, cheaper use without cooling systems, and...
