The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
Plus, surveyed EV buyers look to China instead of Tesla over Musk and OEMs sue Europe over tariffs. T he road ahead for Tesla is a bit rocky. With a CEO facing scrutiny over his v
CEO Mary Barra and other execs say they expect 2025 to be another EV growth year too, but "want to be disciplined" about what's coming.
It's not easy to profit off EVs, but GM just took a big step in the right direction.
General Motors is still very much a company that runs on gasoline, but electric vehicles are increasingly becoming an important part of the mix. Today, the automaker released its fourth quarter earnings for 2024, and it revealed that for the first time, its EVs were making money. Sort of.
It's a turbulent time for the American EV market. On the one hand, the sector is coming off of record-high sales, and a bunch of newer, better models are becoming available.
Technology, banking, and oil companies are the biggest beneficiaries of Trump’s policies, in contrast to renewable energy and labor-intensive companies
Learn how the clean vehicle tax credit works in 2025, including who qualifies and what changes were made under the Inflation Reduction Act.
GM’s share of the US electric vehicle market doubled in the fourth quarter as the new Chevy Equinox EV became a top seller. With new electric Cadillac SUVs arriving this year, GM sees more growth opportunities in 2025. Meanwhile, it will likely face a few headwinds. Here’s what to expect.
The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.
Tesla investors will look for more details on the automaker's lower-priced model when it reports quarterly results on Wednesday.