The plant, under construction in New Carlisle, Indiana, is being built under a JV arrangement reached in May 2023.
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The South Korean battery maker said it would use the Indiana plant to make batteries for energy storage systems and other high-tech applications.
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.
Though the earnings cycle is winding down, Palantir (PLTR), General Motors (GM), and Bloom Energy (BE) have been nice standouts so far in the Q2 earnings season, all raising guidance.
ADNT's Q3 earnings miss estimates despite a sales beat, as higher commodity and freight costs and Middle East disruptions pressure margins.
GT's Q2 loss widens as volume pressure weighs on results, while Asia Pacific gains and cash flow improvements offer support.
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.
MP Materials (NYSE:MP) reported second-quarter 2026 revenue and PPA income of $126.1 million, more than double the prior-year period, as sales volumes of neodymium-praseodymium, or NdPr, increased 127% year over year. Consolidated adjusted EBITDA was $28.5 million, improving by $41 million from a ye
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...
Aspen Aerogels (NYSE:ASPN) said it expects a sharp sequential increase in revenue and adjusted EBITDA in the third quarter, supported by energy-industrial project deliveries, rising General Motors EV production and expanding European demand for its PyroThin thermal barriers. The company forecast th
Want true value stocks with low P/Es? Look at the auto industry.
F's sub-$30K Fathom targets affordability, manufacturing efficiency and profitability after the costly F-150 Lightning setback.
OUST's Q2 revenues surge 56% as record sensor shipments, Rev8 traction and smart infrastructure demand fuel growth.
HMC's Q1 FY27 earnings beat estimates as revenues grow, with stronger Auto, Motorcycle and Financial Services results.
Sodium-ion batteries have almost none of the problems that lithium-ion ones do, and could be cheap enough to make fossil-fuel dependence a thing of the past.
Thursday evening, MP Materials reported second-quarter Ebitda of $28.5 million, Wall Street was looking for $27.1 million.
Magna's Q2 earnings beat estimates as Power & Vision margin expansion and productivity gains supported higher profit and raised 2026 guidance.
GTX's Q2 earnings and sales beat estimates on broad-based growth. Margin gains and productivity drove a raised 2026 outlook.
BorgWarner beats Q2 earnings estimates as cost controls lift margins. It raises 2026 EPS guidance and expands buyback capacity.
TM's Q1 earnings miss estimates as higher labor costs and R&D spending weigh on profit.
Tesla has cratered 27% this year while the broader market surged, yet one of Wall Street's most polarizing analysts is doubling down on a call that implies the stock nearly doubles from here. Here is what separates his vision from where prediction markets think this ends.
Aeva's Q2 loss narrows as service revenues nearly triple, lifting sales and turning gross profit positive despite higher operating expenses.
Lear's Q2 earnings beat estimates on E-Systems margin expansion. The company's 2026 share buyback target rises to at least $350 million.

Ford on Thursday revealed the name of its all-new affordable midsize electric pickup and the first model to roll off its new Universal Electric Vehicle (UEV) platform: the Fathom.
Pilot Travel Centers, General Motors (GM) and EVgo recently reported that their shared fast-charging network has passed 300 locations with 1,300 stalls across 40 states, now reaching about 75% of the contiguous United States. See our latest analysis for General Motors. For General Motors, the charging milestone comes at a time when momentum in the stock has been building, with a 16.2% 1 month share price return and a 69.5% 1 year total shareholder return. Longer term holders have seen even...
SAIC-GM has been operating in China's automotive sector since 1997, with cumulative production and deliveries surpassing 20 million vehicles.
Oshkosh tops Q2 estimates as sales rise 6.7% and Access orders hit $1.5B, but margin pressure and a slower fire truck ramp trim its 2026 outlook.