GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla

StreetInsider2022-01-26

By Paul Lienert and David Shepardson(Reuters) - General Motors Co said Tuesday it will invest $7 billion in Michigan, much of that aimed at dramatically boosting production of full-size electric ...

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Comment（17）

Road1Warrior
·2022-01-27
Great to c so much competitive developments in EV arena. All this new Vehicles need electricity and emphasis must be there to address it. This is to ensure that countries are not continue burning fossil fuel to feeds the EV Vehicles. If the electricity supply is not addressed then all this progress on EV are just window dressing and not reducing the climates changes issues. At the end, we are changing one big problem and replacing it with another.
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BKT
·2022-01-26
Good. Pls like thanks.
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Sovereign 25
·2022-01-26
With current management of GM, very unlikely GM will every relive it old glory. Downhill all the way till another chapter 11.
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5
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Hayleyxn
·2022-01-26
Ok
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2
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Wafu
·2022-01-26
Good
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2
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soosoo
·2022-01-26
Noted
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2
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玉树临风英俊
·2022-01-26
👍
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3
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SMLim
·2022-01-26
Great
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3
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goldenboy
·2022-01-26
[Spurting]
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3
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KelvinChan
·2022-01-26
Good
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2
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- MonKeyTgr:
  ok
  2022-01-26
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PYing
·2022-01-26
Useful
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1
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T0000024852
·2022-01-26
hi
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2
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V K
·2022-01-26
Pls like tyvm[Happy]
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Clotzyng
·2022-01-26
GM in denial
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Heng08
·2022-01-26
Won
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HTFreak
·2022-01-26
GM already drowning in debt Liao and taking even more debt Trying to compete with Tesla. Only a matter of time before they enter Chapter 11. Mary Barra FTW... LOL!!
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happymoney
·2022-01-26
So yesterday
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- happymoney:
  Yawn
  2022-01-26
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Michigan officials said the state contributed $824 million in incentives, in part to support 4,000 new GM jobs.He also declined to say how much longer GM plans to build the Chevrolet Bolt EV and Bolt EUV at Orion. A GM press release said production of the two electric vehicles \"will continue during the plant's conversion.\"The Lansing battery cell plant will be the third U.S. plant built by Ultium Cells, the GM-LG joint venture, which is also constructing similar facilities in Lordstown, Ohio, and Spring Hill. A fourth North American battery plant is planned.GM said last June it would boost electric and autonomous vehicle spending to $35 billion through 2025, a 30% jump over its prior forecast.(Reporting by Paul Lienert in Detroit; Editing by Nick Zieminski)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9090476883,"gmtCreate":1643253922228,"gmtModify":1676533791120,"author":{"id":"4098084219326670","authorId":"4098084219326670","name":"Road1Warrior","avatar":"https://community-static.tradeup.com/news/444bc0aeceab5292f15cd24cd37ab6c3","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":4,"crmLevelSwitch":1,"idStr":"4098084219326670","authorIdStr":"4098084219326670"},"htmlText":"Great to c so much competitive developments in EV arena.&nbsp; All this new Vehicles need electricity and emphasis must be there to address it. This is to ensure that countries are not continue&nbsp;burning fossil fuel to feeds the EV Vehicles.&nbsp; &nbsp;If the electricity supply is not addressed then all this progress on EV are just window dressing and not reducing the climates changes issues. At the end, we are changing one big problem and replacing it with another.","listText":"Great to c so much competitive developments in EV arena.&nbsp; All this new Vehicles need electricity and emphasis must be there to address it. This is to ensure that countries are not continue&nbsp;burning fossil fuel to feeds the EV Vehicles.&nbsp; &nbsp;If the electricity supply is not addressed then all this progress on EV are just window dressing and not reducing the climates changes issues. At the end, we are changing one big problem and replacing it with another.","text":"Great to c so much competitive developments in EV arena. All this new Vehicles need electricity and emphasis must be there to address it. This is to ensure that countries are not continue burning fossil fuel to feeds the EV Vehicles. If the electricity supply is not addressed then all this progress on EV are just window dressing and not reducing the climates changes issues. At the end, we are changing one big problem and replacing it with another.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090476883","repostId":2206683778,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090246913,"gmtCreate":1643208193464,"gmtModify":1676533785200,"author":{"id":"3570853427202414","authorId":"3570853427202414","name":"BKT","avatar":"https://community-static.tradeup.com/news/15cb8e8f0a7c44ca01c83b3bfdddbd86","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3570853427202414","authorIdStr":"3570853427202414"},"htmlText":"Good. Pls like thanks.","listText":"Good. Pls like thanks.","text":"Good. Pls like thanks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090246913","repostId":2206683778,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090294348,"gmtCreate":1643188655313,"gmtModify":1676533783146,"author":{"id":"4099393287792190","authorId":"4099393287792190","name":"Sovereign 25","avatar":"https://static.tigerbbs.com/d7eb365f8ea0c086a4784035080acba6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4099393287792190","authorIdStr":"4099393287792190"},"htmlText":"With current management of GM, very unlikely GM will every relive it old glory. Downhill all the way till another chapter 11.","listText":"With current management of GM, very unlikely GM will every relive it old glory. Downhill all the way till another chapter 11.","text":"With current management of GM, very unlikely GM will every relive it old glory. Downhill all the way till another chapter 11.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090294348","repostId":2206683778,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":639101060,"gmtCreate":1643186863590,"gmtModify":1676532645493,"author":{"id":"3578382329083125","authorId":"3578382329083125","name":"Hayleyxn","avatar":"https://static.tigerbbs.com/38f91d6f48b5ef2c23595e416b33bb59","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578382329083125","authorIdStr":"3578382329083125"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/639101060","repostId":2206683778,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":9090290166,"gmtCreate":1643186703783,"gmtModify":1676533782841,"author":{"id":"3575505100092231","authorId":"3575505100092231","name":"Wafu","avatar":"https://static.tigerbbs.com/0fa81128865bb0701d14c8c5b8570921","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575505100092231","authorIdStr":"3575505100092231"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090290166","repostId":2206683778,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090205561,"gmtCreate":1643185476485,"gmtModify":1676533782800,"author":{"id":"4089777453696550","authorId":"4089777453696550","name":"soosoo","avatar":"https://static.tigerbbs.com/a7a8e4a0c1e8d4b7bf1e9db91cfaffc8","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4089777453696550","authorIdStr":"4089777453696550"},"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090205561","repostId":2206683778,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090205986,"gmtCreate":1643185045960,"gmtModify":1676533782777,"author":{"id":"3580076354872466","authorId":"3580076354872466","name":"玉树临风英俊","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3580076354872466","authorIdStr":"3580076354872466"},"htmlText":"👍&nbsp;","listText":"👍&nbsp;","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090205986","repostId":2206683778,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090202423,"gmtCreate":1643184785279,"gmtModify":1676533782776,"author":{"id":"3586259427226842","authorId":"3586259427226842","name":"SMLim","avatar":"https://static.tigerbbs.com/b84ccf92cfb9ec3d527d12880bb472db","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586259427226842","authorIdStr":"3586259427226842"},"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090202423","repostId":2206683778,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090202516,"gmtCreate":1643184770446,"gmtModify":1676533782777,"author":{"id":"4090397709902260","authorId":"4090397709902260","name":"goldenboy","avatar":"https://community-static.tradeup.com/news/7b54f875974398ac18e7c50c708c3ad9","vip":1,"crmLevel":8,"crmLevelSwitch":1,"idStr":"4090397709902260","authorIdStr":"4090397709902260"},"htmlText":"[Spurting]&nbsp;","listText":"[Spurting]&nbsp;","text":"[Spurting]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090202516","repostId":2206683778,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":639376323,"gmtCreate":1643184662911,"gmtModify":1676532645278,"author":{"id":"3570776252336545","authorId":"3570776252336545","name":"KelvinChan","avatar":"https://static.tigerbbs.com/322f5dea7567e161ddef26aec462d83d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3570776252336545","authorIdStr":"3570776252336545"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/639376323","repostId":2206683778,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments"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