Supply chain issues may arise with a magnesium shortage in China and the ongoing global microchip shortage heavily impacting auto industry production, including for General Motors.
Tag: General Motors
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China’s Great Wall Motors shifts $1 bn investment from India to Brazil
GWM is planning to shift its $1 billion investment in India to Brazil. Sources revealed that James Yang, the head of GWM’s operations in India, has been transferred to focus on the Brazilian market.
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US government announces initiatives to target 50% EV sales in 2030
The initiatives will strengthen the US’ leadership in producing and selling clean vehicles, increasing the domestic supply chain and growing auto jobs. Ford, GM, Stellantis and UAW will support this effort.
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Ascend Performance Materials awarded by General Motors
Ascend Performance Materials has received the General Motors 2020 Supplier Quality Excellence Award for its Pensacola, Florida, polyamide 66 plant. The award marks the second consecutive year Ascend has been recognized by GM.
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GM to increase spending on electric vehicles by 30%
According to Reuters, General Motors will increase spending on autonomous and electric vehicles to $35 billion by 2025 through a 30% jump in the company’s spending as it aims for leadership in EVs.
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Chinese carmakers aim to outpace global production of electric cars
Chinese car companies are building electric car factories at a great speed compared to the rest of the world. LMC Automotive predicts, by 2028, China will be making over 8 million electric cars a year.
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General Motors to lay off 1419 workers from Talegaon plant
The Employees Union will be legally challenging General Motors for issuing layoff notices to 1419 of its Talegaon employees and evoking Section 25 of the Industrial Dispute Act on Friday.
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China’s Great Wall Motors signs MOU with Government of Maharashtra
The MoU marks an investment in the state-of-the-art automotive manufacturing facility in Talegaon, Maharashtra. The plant will be equipped with latest world-class technology.
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Tata Elxsi’s AR-V2X, a validation and simulation tool bags Silver at AutoSens Award
With this win, Tata Elxsi joins the best in the industry such as Daimler, General Motors, and Elektrobit Automotive who have also received this prestigious award in various categories.
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GM to buy LiDAR developer Strobe for auto car expansion
US automaker General Motors Co announced that it has acquired LiDAR technology company Strobe Inc. LiDAR technology is used to help self-driving cars identify objects at a distance.
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