As Tesla CEO Elon Musk reportedly ponders layoffs, recent financial reports from U.S. automakers show the leading electric vehicle (EV) manufacturer lags in the amount of revenue generated for each of
The $19 billion deal between General Motors (GM) and LG Chem represents a landmark moment in the evolution of the EV industry.
General Motors on Thursday named former Tesla Inc executive Kurt Kelty to the newly created role of vice president of its battery unit.
General Motors Company (NYSE:GM) has agreed a multibillion-dollar battery supply deal with South Korean firm LG Chemicals. According to LG Chem, the deal is worth 24.7 trillion won (US$18.61 billion)
There are many reasons for individuals to buy an electric vehicle (EV) in 2024. And a lot more reasons for stock investors to add some up-and-coming EV giants in their portfolios.
General Motors (GM) shares were 2% higher in intraday trading Wednesday after striking an $18.8 billion deal for LG Chem to supply the Big Three automaker with materials used to produce electric vehi
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often
After slipping below $30.00 in November 2023 (for the first time since the pandemic), shares of the old school automaker have bounced more than 40%. From a chart perspective, the surge is noteworthy f
General Motors (GM) recalls more than 300,000 vehicles due to potential tailgate malfunction, which poses road hazards and crash risks.
General Motors reached a supply agreement with Seoul-based LG Chem for 500,000 tons of electric-vehicle battery cathode material.
General Motors Company (NYSE:GM)-owned Cruise has upped an offer to settle a regulatory probe into delays in the firm's disclosure of a crash involving one of its vehicles in California last year. A C

3 EV Stocks on the Fast Track to Double in 2024

06:00am, Wednesday, 07'th Feb 2024
Despite the current slowdown in the electric vehicle sector, the auto industry will pick up pace this year. The Fed is expected to reduce rates in the coming months, and we could see an improvement in
South Korea's LG Chem has signed a $19 billion deal with General Motors to supply cathode materials used to make electric-vehicle batteries.
South Korea's LG Chem on Wednesday said it has signed a deal worth 24.7 trillion won ($18.61 billion) to supply electric vehicle (EV) battery cathodes to General Motors from this year to 2035.
Since betting on the individual companies of the Standard and Poor's 500 offers a solid chance for long-term profitability, it stands to reason that going for undervalued S&P 500 stocks could potentia
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