General Motors has launched its Battery Cell Development Center (BCDC) as part of a $900 million investment to reduce electric vehicle (EV) costs by nearly 10%. The facility will accelerate the development and production of a new lithium-manganese-rich (LMR) battery chemistry, which promises to lower costs while maintaining range, aiming for market readiness by 2028. This center bridges the gap between research and full-scale manufacturing, producing about 2,500 cells daily to test commercial viability before mass production. GM's focus on LMR reflects a strategic shift from pricier battery chemistries, helping the company compete globally amid rising material costs and intense competition, with AI-driven simulations further optimizing production efficiency.
China has aggressively expanded its electric vehicle (EV) market globally and is now targeting the U.S., the world's second-largest auto market. Direct imports of Chinese EVs face high tariffs and regulatory hurdles, but manufacturing them in the U.S...
General Motors (GM) is initiated with a Buy rating and a price target of $104, implying a 28% upside. The positive outlook is based on achievable Q2 estimates, easier year-over-year comparisons in North America, and increased dealer supply expected t...
General Motors (GM) has maintained its buy rating following strong Q1 results and robust free cash flow despite macroeconomic challenges. The company raised its full-year 2026 guidance, targeting adjusted EBIT of $13.5–$15.5 billion and adjusted EPS ...
Brazil's light vehicle fleet reached a historic peak of 51.5 million units in 2025, growing 1.6% from 2024. The average vehicle age rose to 13.6 years, driving demand for automotive parts and services. Key states like São Paulo lead vehicle concentra...
