Shares of General Motors increased by nearly 5% Tuesday morning following the announcement of better-than-expected first-quarter earnings. The automotive company also raised its full-year predictions and reported a reduction in the cost of batteries for its electric vehicles. The company announced that its earnings per share for the first quarter increased by 18.5% to $2.62, while its revenue grew nearly 8% to $43.01 billion. Analysts had predicted earnings of $2.13 per share with sales...
Stellantis' Opel and sister brand Vauxhall have revealed their new Grandland compact crossover, scheduled to go on sale this fall
General Motors plans to leave its RenCen world headquarters for Dan
Honda is well underway on a $700 million effort to retool three of its plants and create a new $3.5 billion battery plant for U.S. EV mass-production. But it’s also emphasizing how much flexibility it has in the shift to accommodate that production. As it confirmed Friday, it would potentially be able to make hundreds of EVs per day at its
Romania plans a small modular reactor power plant, using NuScale technology, with South Korea's Doosan Enerbility set to manufacture and supply the core equipment, including the upper reactor module.
General Motors on Tuesday posted quarterly results that topped Wall Street targets and raised its annual forecast, citing stable pricing and demand for its gas-engine vehicles, sending shares up 3.45% in pre-market trading. “Our consumer has been remarkably resilient in this period of higher interest rates,” GM Chief Financial Officer Paul Jacobson said. While the company started 2024 strong, CEO Mary Barra still has two large challenges ahead: turning around GM's shrinking sales in China, and...
The small French manufacturer had originally planned to begin production of the car in 2025. Late last year, Hopium switched its focus to the sale of hydrogen fuel cells. The Machina Vision has a claimed driving range of 620 miles. Little has been heard about France's Hopium Machina Vision since it was unveiled in near production guise at the 2022 Paris Motor Show. However, at the recent Car // Design Event 2024 in Munich, the hydrogen-powered electric sedan reappeared and captivated a room full...
The Mercedes-Benz G-Class, aka the Gelandewagen (which means "all-terrain vehicle" in German) has been in regular production since 1979. It's changed a lot since then, evolving from a utilitarian off-roader to a desirable luxury icon, but it's never seen a change quite like this. Meet the Mercedes-Benz G 580 with EQ Technology. That's a long and mild name for a pretty radical reinvention of the classic G. This is the first battery-powered G-Wagen, driven by a whopping four electric motors that...
Ford offers a similar V2H charging kit for the electric F-150 Lightning, and in December, Volkswagen announced it was launching a V2H pilot program with its partner HagerEnergy in Sweden.
Wall Street expects GM to report solid results for the first quarter, with vehicle pricing remaining higher than anticipated.
U.K.-based Bedeo is launching a Land Rover Defender EV conversion based around in-wheel motors from Bedeo-owned Protean Electric. The Defender is the first in a series of "Reborn Electric: Icons" conversions, according to a Bedeo press release. The program will expand the company beyond its current business of electric van conversions to the
We got our hands on the smallest member of the Jeep family, available with both pure electric and gasoline powertrains