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Tuesday 9 January 2024
GM's battery partner LG posts earnings miss amid weak demand
Battery maker LG Energy Solution Ltd. badly missed fourth-quarter earnings estimates amid weaker demand for electric vehicles and a drop in lithium prices that hurt revenue. Shares...
Tuesday 9 January 2024
AI GPU shortage is only temporary, says IBM Taiwan GM
Taiwan's IBM General Manager, Nelson Lee, sheds light on the three pivotal elements driving AI development—data, computing power, and algorithms/models.
Friday 10 November 2023
GM, Stellantis invest in rare-earth-free EV motor magnets as China tightens material exports
General Motors and Stellantis have become the latest investors of Niron Magnetics, a US-based startup focused on developing rare-earth-free magnets, an essential material for EV motors...
Wednesday 25 October 2023
GM slows EV offensive as strike expanded
GM is scaling back its EV plan primarily because of the demand slowdown. The carmaker on Tuesday said it will focus on pursuing profits rather than sales targets. Moreover, the United...
Thursday 28 September 2023
Will strike at Detroit Big Three reshuffle automotive orders?
The strike initiated by the United Auto Workers (UAW) at General Motors, Ford and Stellantis plants has lasted for two weeks. Automotive suppliers said that the Big Three's orders,...
Wednesday 30 August 2023
How small EV maker becomes more valuable than Ford and GM combined
An unprofitable electric vehicle maker has suddenly become the third most valuable auto manufacturer in the world, leaving the likes of General Motors Co. and Ford Motor Co. in its...
Wednesday 23 August 2023
Intel to establish advanced packaging fab in Malaysia
Intel has invested a total of US$8 billion in Malaysia, and is committing an additional US$6 billion for the construction of new semiconductor facilities there, including a 3D advanced...
Tuesday 15 August 2023
Intel, Synopsys expand partnership
Intel and Synopsys have reached an agreement to expand their IP and electronic design automation (EDA) strategic partnership by developing a portfolio of IP on Intel 3 and Intel 18A...
Thursday 10 August 2023
GM's $130,000 Escalade is big, brash, expensive - and green
The Cadillac Escalade has long been one of the largest, most luxurious and biggest gas guzzling SUVs - in many ways, the antithesis of the environmental movement.
Wednesday 2 August 2023
Unified EV charging specs in US to spur EV penetration, yet unlikely to determine infrastructure market development
Ford and General Motors (GM) have successively adopted the North American Charging Standard (NACS) developed by Tesla, paving the way for the unification of fast charging specs in...
Wednesday 26 July 2023
GM raises full-year guidance for the second time, will bring back Chevy Bolt EV
Strong sales in the first half of 2023 prompted General Motors to raise its 2023 guidance again. The company aims to reach between US$12 billion and US$14 billion in earnings before...
Tuesday 11 July 2023
Cars with smartphone integration garner attention
The integration of upcoming vehicles and smartphones has garnered international attention; however, industry observers noted that Eastern and Western automakers are employing very...
Wednesday 14 June 2023
GM and Samsung SDI to locate joint battery plant in Indiana
General Motors and Samsung SDI have decided to put their over-US$3 billion battery plant in Indiana, the US. The facility will be GM's fourth battery plant in the country, boosting...
Wednesday 14 June 2023
Is US government the behind-the-scenes facilitator for unifying EV charging standards?
Ford and General Motors recently announced their adoption of Tesla's North American Charging Standard (NACS). Supply chain sources said the US EV charging standards will likely be...
Friday 9 June 2023
GM joins Ford to adopt Tesla charging standard in North America
General Motors announced on June 8 that it will start integrating Tesla's charging connector into its EVs in 2025. GM will also enable current EV customers to access Tesla Superchargers...