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GM is exiting its Indiana battery JV with Samsung SDI as weaker EV demand prompts a pullback in battery investments.

Aug 11 () - South Korean battery maker Samsung SDI said on Tuesday it will end its joint venture agreement with General Motors in ‌Indiana and acquire the U.99% stake, citing weaker-than-expected electric ‌vehicle demand.

SAIC-GM will increase focus on the Buick and Cadillac brands and plan to launch at least 30 new energy vehicles in the China market by 2030.

General Motors (NYSE:GM) and SAIC Motor renewed their China joint venture for another 20 years, with a focus on new energy vehicles and global exports. The partners plan to launch at least 30 new energy vehicle models and build out GM's premium Electra sub brand from China. The renewed agreement shifts GM's China role toward local R&D, two way technology sharing, and positioning China as an export hub for next generation EVs. General Motors is only one example of how large automakers and...

SAIC-GM has been operating in China's automotive sector since 1997, with cumulative production and deliveries surpassing 20 million vehicles.

General Motors (NYSE:GM) has renewed its joint venture with China’s SAIC Motor for another 20 years, marking a new chapter for the partnership after a major restructuring of its operations in the Chinese market that included factory closures and a streamlined vehicle lineup. The renewed agreement preserves the companies’ 50-50 ownership structure and places greater emphasis on developing vehicles within China to better meet the preferences of local consumers.

The partnership plans to launch at least 30 new-energy vehicles by 2030 and deploy tech solutions developed in China for the Chinese market.

The Spring Hill plant will produce ESS batteries alongside EV batteries.

General Motors will leverage Micron's memory expertise for vehicle production.

General Motors Co. introduced the fifth-generation 2027 Chevrolet Silverado 1500 on Tuesday, giving its top-selling pickup a ground-up redesign on a modified T1-2 platform and a sharper bet on V8 power. Chevrolet Bets On Larger V8 Engines Again Chevrolet said the new Silverado replaces the outgoing 5.3-liter and 6.2-liter engines with larger 5.7-liter and 6.6-liter V8s built on GM’s Gen VI small-block architecture. The 5.7-liter engine revives the classic "350" small-block identity for the first

Yahoo Finance Senior Autos Reporter Pras Subramanian joins Josh Lipton on Market Domination to break down the new (GM) Chevrolet's redesigned Silverado and examine the mounting challenges facing the pickup truck market, from shifting consumer demand to affordability concerns and increased competition.

Rivian (NASDAQ: RIVN) launched the vehicle that it has said for some time will be the key to its future. The R2 SUV is much less expensive than its current models. The base model (Launch Package) will cost about $58,000. The Rivian website put the price at $44,990. However, each is lower than Rivian’s two ... Rivian’s Most Important Product Launches And The Stock Falls Apart