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The new facility will employ 1,500 people and produce enough cathode and anodes components to supply 1 million EVs annually.
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Partners with Legacy Auto Credit in Ontario for app-based subscription-to-ownership program.
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Sales rates continue to be less than ideal, with many buyers exercising caution for fear of loading up on inventory that does not turn quickly, especially when values are experiencing heavy declines week after week.
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Magazine cites in part the model’s appeal to existing truck owners.
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RepairSmith acquisition boosts its offerings and opens up new customer opportunities.
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The U.S. Energy Department finalized a $2.5 billion loan to a joint venture of General Motors Co. and LG Energy Solution for three lithium-ion battery cell manufacturing facilities.
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The automaker plans to adjust its electric vehicle strategy and provide it to key suppliers early next year, report people close to the project.
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Most reporting carmakers have supply days in the double digits.
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