General Motors is developing next-generation sodium-ion battery cells aimed at reducing U.S. dependence on Chinese materials for electric vehicles and energy storage systems. Partnering with Peak Energy, GM plans to launch commercial production by 2029, focusing on domestic supply chains using abundant U.S. materials like sodium. This move contrasts with rivals like Ford, which face criticism for ties to Chinese battery firms. GM aims to 'leapfrog' existing Chinese technology by creating superior, domestically sourced batteries, potentially lowering costs and improving performance for energy storage applications.
General Motors (GM) is set to introduce hybrid models into its U.S. lineup in response to growing hybrid vehicle sales and reduced interest in all-electric vehicles amid high gas prices. GM, which has focused mainly on all-electric vehicles this deca...
The U.S. Department of Defense invested $400 million in MP Materials to challenge China's dominance in rare earth magnets, securing a 15% stake and a 10-year supply agreement. MP Materials is already producing rare earth magnets for General Motors at...
Stellantis shares fell 7% following a flat U.S. sales report for Q3 2026, where a 29% rise in Ram sales was offset by a 20% decline in Jeep sales, the larger brand. This contrast within Stellantis' lineup caused investor concern, especially as the co...
Toyota is closing the gap on General Motors (GM) in U.S. vehicle sales, trailing by just 38,000 units in the third quarter. Toyota's sales rose slightly by 0.6%, driven by a 28.5% increase in electrified vehicle sales, which now make up over half of ...
