Foxconn hasn’t made good on its pledge to acquire enough Lordstown shares to build an 18.3% stake in the company, and now a dispute threatens to sink the electric vehicle startup.
May 26, 2023Latest News Updates From David Welch
Foxconn’s Dispute With Lordstown Shows Souring EV Sentiment
GM Rolls Out Electric Silverado Pickup Truck
General Motors Co. is finally pushing into the heart of the electric pickup market with its Chevrolet Silverado work truck starting production this month.
May 22, 2023GM’s Cruise to Expand Robotaxi Service to Dallas and Houston
Cruise, the self-driving vehicle unit majority owned by General Motors Co., plans to expand its robotaxi service to Houston and Dallas.
May 10, 2023Nikola Could Score $1 Million a Day in Hydrogen Incentives
If electric vehicle company Nikola can get its hydrogen fuel cell trucks and filling station network operable, the company could pull in hundreds of millions a year from federal incentives.
March 29, 2023General Motors Digs Into Mining Business to Lead Race for EV Metals
General Motors is trying to speed ahead in the race for metals underpinning the industry’s shift to electric cars.
February 17, 2023GM’s Strong Truck Sales Are Funding EV Sales Blitz, Barra Says
General Motors Co.’s leader said demand for expensive trucks remains robust, enabling the company to fund a blitz in electric vehicles that begins this year.
February 17, 2023GM’s Self-Driving Expansion Faces Challenges in San Francisco
General Motors-owned Cruise is working to expand its paid service to all of San Francisco and run it 24 hours a day.
February 3, 2023TuSimple Says It Didn’t Share Tech With China-Linked Hydron
TuSimple Holdings Inc., an autonomous trucking startup that’s been the subject of U.S. investigations, said it hasn’t shared self-driving technology with another startup with Chinese ties.
February 2, 2023GM’s Cruise Expands Robotaxi Service Despite Federal Safety Probe
General Motors Co.’s Cruise unit started offering rides with its self-driving taxi business in two more cities, expanding beyond San Francisco with cars now operating in Phoenix and in Austin, Texas.
December 22, 2022UAW Petitions to Organize GM-LG Energy Ohio Battery Plant
The United Auto Workers filed a petition to gain union membership for the 900 workers at the Ultium Cells LLC battery plant in Lordstown, Ohio, that is jointly owned by General Motors Co. and Korean partner LG Energy Solutions.
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