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GM drops Ultium name, says it will build a new battery center and EVs will be profitable - MSNGM said Ultium Cells plants will retain the Ultium name. The purpose of investor day is for company leaders to offer investors a deep dive into the automaker's overall business strategy and ...
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Hummer EV First Look! All The Details Of GMC's All-Electric SupertruckGMC Hummer EV Is The World's First All-Electric Supertruck Crab Mode, Watts To Freedom, e4WD, Extract Mode, and all the ...
General Motors has dropped the Ultium name immediately with no new replacement planned, though the name will survive on the automaker’s joint-venture battery facilities. GM took second-place ...
The Ultium plant workers aren’t at the table for those talks – but in a sense, they are part of the discussion: The Big Three’s plans to shift to EVs are a key sticking point.
General Motors Ditches Ultium EV Branding Despite Major Improvement. What Happens Now? Lessons have been learned, the fixes are in, sales volumes are up, and the Ultium name has been retired, GM ...
But GM's Ultium-making has mostly been corrected now. In fact, despite the loss of the sub-$30,000 Bolt from showrooms, GM has seen spectacular growth in its EV sales.
GM said in December 2024 that it would recoup about $1 billion in its sale of Ultium Cells to LG Energy Solutions, but the $120 million grant benefitting Ultium would stay with LG.
Ultium Cells will invest $275 million in its Spring Hill, Tennessee, battery plant to expand EV battery cell output by 40%. The new expansion will help fuel GM ’s aggressive EV strategy as it ...
The Equinox EV battery module is the same one found in every Ultium-based EV produced to date. Its nominal voltage sits at around 28.8V, which is important.
“Construction and commissioning of the Ultium CAM facility, GM’s joint venture with POSCO Future M, is progressing, with production expected to begin in early 2026,” a GM spokesperson told ...
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