GM CFO: EV profit, scale to expand as Ultium plants open
Ultium Cells, a battery cell joint venture between GM and LG Energy Solution, plans to open its first plant this month.
GM requires Buick, GMC buyers to buy $1,500 OnStar subscription
OnStar, GM’s long-standing in-vehicle safety, security and connectivity service, had previously been an optional product sold for a separate subscription fee.
Kia recalls 257,998 Optimas over insufficient adhesive
Kia is recalling Optimas from the 2012-13 model years after the discovery of insufficient adhesive on headliner plates.
Foxconn continues EV push with electric tractor contract at Lordstown
Foxconn, maker of the iPhone, pushes into electric vehicles with deal to build autonomous tractors at Lordstown factory.
Biden signs bill aimed at boosting U.S. chip production, competitiveness
The bipartisan bill provides more than $52 billion in government subsidies for U.S. semiconductor research, design and production, including $2 billion designated for the production of mature node, or “legacy chips,” used by automakers and parts suppliers.