GM Earmarks $760M to Convert Toledo Factory for Making EV Parts
General Motors (NYSE:GM) said Friday it will spend $760M to renovate its Propulsion Systems factory in Toledo, Ohio, so it can build drive units that be used in electric vehicles.
Market Chatter: General Motors Company to Reportedly Invest $760 Million in Ohio Plant to Manufacture EV Parts
01:20 PM EDT, 09/23/2022 (MT Newswires) -- General Motors Company (GM) will invest $760 million in the renovation of its transmission factory in Toledo, Ohio, to shift to electric vehicles from intern
Monday's CNBC Fast Money Final Trades: Auto, Gambling And Other Sectors
CNBC's "Fast Money Halftime Report" delivers market-moving news to investors. The commentary delivered by hosts of the show often moves the stocks mentioned. The information is collected and refined u
Livent Corporation Is Singled Out by Piper Sandler as an EV Stock Standout
Piper Sandler started off coverage on Livent Corporation (NYSE:LTHM) on Monday with an Overweight rating and a price target of $42. The bullish call on the lithium miner arrives at a time that electri
Why Are Chinese EV Stocks NIO and XPEV Revving Up Today?
Chinese EV stocks Nio and Xpeng will benefit from extension of a tax credit on EV purchases as both look to gain in export markets.
US Light Vehicle Sales in September Expected to Be Limited by Supply Chain Challenges, S&P Global Says
12:44 PM EDT, 09/26/2022 (MT Newswires) -- The US light vehicle sales are expected to be limited to about 1.1 million units in September, or a yearly rate of 13.4 million units, according to a report
General Motors and Others Forecast to Sell Fewer Light Vehicles This Month on Supply Constraints, Tight Inventory
12:18 PM EDT, 09/26/2022 (MT Newswires) -- General Motors (GM) and other large auto manufacturers are expected to sell fewer light vehicles in the US this month due to the combined impacts of parts sh
Porsche IPO Looks to Price at Top End of Range on Strong Demand -- Barrons.com
Al Root Volkswagen-owned Porsche is set to price its initial offering of stock at the high end of the planned range, according to a report Bloomberg. That shows strong demand for shares of the iconic
What You Missed This Week in EVs and Clean Energy
GM Tells Corporate Workers to Return to Office Three Days a Week, Bloomberg Says