The good news is that GM generated about $3.1 billion in profit in the quarter. The bad news is that this is the only good news.
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People are buying EVs, just not at the hyper-pace most automakers were hoping would be here by now, The Wall Street Journal reported.
Chinese raw materials companies are cozying up with battery makers in Morocco and South Korea as a way of bypassing US restrictions.
On Monday, Rivian announced an expectations-beating jump in deliveries for its third quarter. But a new report says it’s still losing money.
The EU’s antitrust investigation claims that China is artificially flooding the market with cheap EVs via enormous state subsidies.
Ford’s latest patent uses its cars to charge its cars.