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
  Reply
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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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4
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Clotzyng
·2022-01-26
GM in denial
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Heng08
·2022-01-26
Won
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5
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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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7
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happymoney
·2022-01-26
So yesterday
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4
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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":null,"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,"repost":{"id":"2206683778","pubTimestamp":1643181646,"share":"https://ttm.financial/m/news/2206683778?lang=&edition=fundamental","pubTime":"2022-01-26 15:20","market":"us","language":"en","title":"GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=2206683778","media":"StreetInsider","summary":"By Paul Lienert and David Shepardson(Reuters) -     General Motors Co said Tuesday it will invest $7","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/72bc254c1b819a8ff169be6130170979\" tg-width=\"200\" tg-height=\"115\" referrerpolicy=\"no-referrer\"/></p><p>By Paul Lienert and David Shepardson</p><p>(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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.</p><p>Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.</p><p>GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company&#39;s total North America EV production capacity to more than a million units by late 2025.</p><p>In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become &#34;the clear No. 2 electric vehicle maker in North America&#34; behind Tesla.</p><p>Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.</p><p>In a statement, GM Chief Executive Mary Barra on Tuesday said GM&#39;s latest investment &#34;solidifies our path toward U.S. EV leadership by mid-decade.&#34;</p><p>The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.</p><p>GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.</p><p>Reuters previously reported many of the details of the new investment in Michigan.</p><p>Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. Michigan officials said the state contributed $824 million in incentives, in part to support 4,000 new GM jobs.</p><p>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 &#34;will continue during the plant&#39;s conversion.&#34;</p><p>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.</p><p>GM said last June it would boost electric and autonomous vehicle spending to $35 billion through 2025, a 30% jump over its prior forecast.</p><p>(Reporting by Paul Lienert in Detroit; Editing by Nick Zieminski)</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 15:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19500571><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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 ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19500571\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4561":"索罗斯持仓","BK4555":"新能源车","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","GM":"通用汽车","BK4559":"巴菲特持仓","TSLA":"特斯拉","BK4527":"明星科技股","BK4566":"资本集团","BK4099":"汽车制造商","F":"福特汽车","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4534":"瑞士信贷持仓"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19500571","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206683778","content_text":"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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company's total North America EV production capacity to more than a million units by late 2025.In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become \"the clear No. 2 electric vehicle maker in North America\" behind Tesla.Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.In a statement, GM Chief Executive Mary Barra on Tuesday said GM's latest investment \"solidifies our path toward U.S. EV leadership by mid-decade.\"The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.Reuters previously reported many of the details of the new investment in Michigan.Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. 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)","news_type":1},"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,"repost":{"id":"2206683778","pubTimestamp":1643181646,"share":"https://ttm.financial/m/news/2206683778?lang=&edition=fundamental","pubTime":"2022-01-26 15:20","market":"us","language":"en","title":"GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=2206683778","media":"StreetInsider","summary":"By Paul Lienert and David Shepardson(Reuters) -     General Motors Co said Tuesday it will invest $7","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/72bc254c1b819a8ff169be6130170979\" tg-width=\"200\" tg-height=\"115\" referrerpolicy=\"no-referrer\"/></p><p>By Paul Lienert and David Shepardson</p><p>(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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.</p><p>Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.</p><p>GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company&#39;s total North America EV production capacity to more than a million units by late 2025.</p><p>In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become &#34;the clear No. 2 electric vehicle maker in North America&#34; behind Tesla.</p><p>Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.</p><p>In a statement, GM Chief Executive Mary Barra on Tuesday said GM&#39;s latest investment &#34;solidifies our path toward U.S. EV leadership by mid-decade.&#34;</p><p>The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.</p><p>GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.</p><p>Reuters previously reported many of the details of the new investment in Michigan.</p><p>Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. Michigan officials said the state contributed $824 million in incentives, in part to support 4,000 new GM jobs.</p><p>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 &#34;will continue during the plant&#39;s conversion.&#34;</p><p>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.</p><p>GM said last June it would boost electric and autonomous vehicle spending to $35 billion through 2025, a 30% jump over its prior forecast.</p><p>(Reporting by Paul Lienert in Detroit; Editing by Nick Zieminski)</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 15:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19500571><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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 ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19500571\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4561":"索罗斯持仓","BK4555":"新能源车","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","GM":"通用汽车","BK4559":"巴菲特持仓","TSLA":"特斯拉","BK4527":"明星科技股","BK4566":"资本集团","BK4099":"汽车制造商","F":"福特汽车","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4534":"瑞士信贷持仓"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19500571","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206683778","content_text":"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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company's total North America EV production capacity to more than a million units by late 2025.In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become \"the clear No. 2 electric vehicle maker in North America\" behind Tesla.Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.In a statement, GM Chief Executive Mary Barra on Tuesday said GM's latest investment \"solidifies our path toward U.S. EV leadership by mid-decade.\"The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.Reuters previously reported many of the details of the new investment in Michigan.Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. 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)","news_type":1},"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,"repost":{"id":"2206683778","pubTimestamp":1643181646,"share":"https://ttm.financial/m/news/2206683778?lang=&edition=fundamental","pubTime":"2022-01-26 15:20","market":"us","language":"en","title":"GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=2206683778","media":"StreetInsider","summary":"By Paul Lienert and David Shepardson(Reuters) -     General Motors Co said Tuesday it will invest $7","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/72bc254c1b819a8ff169be6130170979\" tg-width=\"200\" tg-height=\"115\" referrerpolicy=\"no-referrer\"/></p><p>By Paul Lienert and David Shepardson</p><p>(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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.</p><p>Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.</p><p>GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company&#39;s total North America EV production capacity to more than a million units by late 2025.</p><p>In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become &#34;the clear No. 2 electric vehicle maker in North America&#34; behind Tesla.</p><p>Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.</p><p>In a statement, GM Chief Executive Mary Barra on Tuesday said GM&#39;s latest investment &#34;solidifies our path toward U.S. EV leadership by mid-decade.&#34;</p><p>The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.</p><p>GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.</p><p>Reuters previously reported many of the details of the new investment in Michigan.</p><p>Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. Michigan officials said the state contributed $824 million in incentives, in part to support 4,000 new GM jobs.</p><p>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 &#34;will continue during the plant&#39;s conversion.&#34;</p><p>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.</p><p>GM said last June it would boost electric and autonomous vehicle spending to $35 billion through 2025, a 30% jump over its prior forecast.</p><p>(Reporting by Paul Lienert in Detroit; Editing by Nick Zieminski)</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 15:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19500571><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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 ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19500571\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4561":"索罗斯持仓","BK4555":"新能源车","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","GM":"通用汽车","BK4559":"巴菲特持仓","TSLA":"特斯拉","BK4527":"明星科技股","BK4566":"资本集团","BK4099":"汽车制造商","F":"福特汽车","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4534":"瑞士信贷持仓"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19500571","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206683778","content_text":"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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company's total North America EV production capacity to more than a million units by late 2025.In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become \"the clear No. 2 electric vehicle maker in North America\" behind Tesla.Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.In a statement, GM Chief Executive Mary Barra on Tuesday said GM's latest investment \"solidifies our path toward U.S. EV leadership by mid-decade.\"The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.Reuters previously reported many of the details of the new investment in Michigan.Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. 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)","news_type":1},"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,"repost":{"id":"2206683778","pubTimestamp":1643181646,"share":"https://ttm.financial/m/news/2206683778?lang=&edition=fundamental","pubTime":"2022-01-26 15:20","market":"us","language":"en","title":"GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=2206683778","media":"StreetInsider","summary":"By Paul Lienert and David Shepardson(Reuters) -     General Motors Co said Tuesday it will invest $7","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/72bc254c1b819a8ff169be6130170979\" tg-width=\"200\" tg-height=\"115\" referrerpolicy=\"no-referrer\"/></p><p>By Paul Lienert and David Shepardson</p><p>(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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.</p><p>Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.</p><p>GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company&#39;s total North America EV production capacity to more than a million units by late 2025.</p><p>In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become &#34;the clear No. 2 electric vehicle maker in North America&#34; behind Tesla.</p><p>Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.</p><p>In a statement, GM Chief Executive Mary Barra on Tuesday said GM&#39;s latest investment &#34;solidifies our path toward U.S. EV leadership by mid-decade.&#34;</p><p>The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.</p><p>GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.</p><p>Reuters previously reported many of the details of the new investment in Michigan.</p><p>Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. Michigan officials said the state contributed $824 million in incentives, in part to support 4,000 new GM jobs.</p><p>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 &#34;will continue during the plant&#39;s conversion.&#34;</p><p>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.</p><p>GM said last June it would boost electric and autonomous vehicle spending to $35 billion through 2025, a 30% jump over its prior forecast.</p><p>(Reporting by Paul Lienert in Detroit; Editing by Nick Zieminski)</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 15:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19500571><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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 ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19500571\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4561":"索罗斯持仓","BK4555":"新能源车","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","GM":"通用汽车","BK4559":"巴菲特持仓","TSLA":"特斯拉","BK4527":"明星科技股","BK4566":"资本集团","BK4099":"汽车制造商","F":"福特汽车","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4534":"瑞士信贷持仓"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19500571","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206683778","content_text":"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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company's total North America EV production capacity to more than a million units by late 2025.In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become \"the clear No. 2 electric vehicle maker in North America\" behind Tesla.Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.In a statement, GM Chief Executive Mary Barra on Tuesday said GM's latest investment \"solidifies our path toward U.S. EV leadership by mid-decade.\"The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.Reuters previously reported many of the details of the new investment in Michigan.Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. 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)","news_type":1},"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,"repost":{"id":"2206683778","pubTimestamp":1643181646,"share":"https://ttm.financial/m/news/2206683778?lang=&edition=fundamental","pubTime":"2022-01-26 15:20","market":"us","language":"en","title":"GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=2206683778","media":"StreetInsider","summary":"By Paul Lienert and David Shepardson(Reuters) -     General Motors Co said Tuesday it will invest $7","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/72bc254c1b819a8ff169be6130170979\" tg-width=\"200\" tg-height=\"115\" referrerpolicy=\"no-referrer\"/></p><p>By Paul Lienert and David Shepardson</p><p>(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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.</p><p>Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.</p><p>GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company&#39;s total North America EV production capacity to more than a million units by late 2025.</p><p>In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become &#34;the clear No. 2 electric vehicle maker in North America&#34; behind Tesla.</p><p>Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.</p><p>In a statement, GM Chief Executive Mary Barra on Tuesday said GM&#39;s latest investment &#34;solidifies our path toward U.S. EV leadership by mid-decade.&#34;</p><p>The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.</p><p>GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.</p><p>Reuters previously reported many of the details of the new investment in Michigan.</p><p>Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. Michigan officials said the state contributed $824 million in incentives, in part to support 4,000 new GM jobs.</p><p>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 &#34;will continue during the plant&#39;s conversion.&#34;</p><p>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.</p><p>GM said last June it would boost electric and autonomous vehicle spending to $35 billion through 2025, a 30% jump over its prior forecast.</p><p>(Reporting by Paul Lienert in Detroit; Editing by Nick Zieminski)</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 15:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19500571><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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 ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19500571\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4561":"索罗斯持仓","BK4555":"新能源车","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","GM":"通用汽车","BK4559":"巴菲特持仓","TSLA":"特斯拉","BK4527":"明星科技股","BK4566":"资本集团","BK4099":"汽车制造商","F":"福特汽车","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4534":"瑞士信贷持仓"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19500571","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206683778","content_text":"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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company's total North America EV production capacity to more than a million units by late 2025.In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become \"the clear No. 2 electric vehicle maker in North America\" behind Tesla.Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.In a statement, GM Chief Executive Mary Barra on Tuesday said GM's latest investment \"solidifies our path toward U.S. EV leadership by mid-decade.\"The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.Reuters previously reported many of the details of the new investment in Michigan.Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. 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)","news_type":1},"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,"repost":{"id":"2206683778","pubTimestamp":1643181646,"share":"https://ttm.financial/m/news/2206683778?lang=&edition=fundamental","pubTime":"2022-01-26 15:20","market":"us","language":"en","title":"GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=2206683778","media":"StreetInsider","summary":"By Paul Lienert and David Shepardson(Reuters) -     General Motors Co said Tuesday it will invest $7","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/72bc254c1b819a8ff169be6130170979\" tg-width=\"200\" tg-height=\"115\" referrerpolicy=\"no-referrer\"/></p><p>By Paul Lienert and David Shepardson</p><p>(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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.</p><p>Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.</p><p>GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company&#39;s total North America EV production capacity to more than a million units by late 2025.</p><p>In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become &#34;the clear No. 2 electric vehicle maker in North America&#34; behind Tesla.</p><p>Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.</p><p>In a statement, GM Chief Executive Mary Barra on Tuesday said GM&#39;s latest investment &#34;solidifies our path toward U.S. EV leadership by mid-decade.&#34;</p><p>The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.</p><p>GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.</p><p>Reuters previously reported many of the details of the new investment in Michigan.</p><p>Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. Michigan officials said the state contributed $824 million in incentives, in part to support 4,000 new GM jobs.</p><p>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 &#34;will continue during the plant&#39;s conversion.&#34;</p><p>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.</p><p>GM said last June it would boost electric and autonomous vehicle spending to $35 billion through 2025, a 30% jump over its prior forecast.</p><p>(Reporting by Paul Lienert in Detroit; Editing by Nick Zieminski)</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 15:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19500571><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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 ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19500571\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4561":"索罗斯持仓","BK4555":"新能源车","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","GM":"通用汽车","BK4559":"巴菲特持仓","TSLA":"特斯拉","BK4527":"明星科技股","BK4566":"资本集团","BK4099":"汽车制造商","F":"福特汽车","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4534":"瑞士信贷持仓"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19500571","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206683778","content_text":"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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company's total North America EV production capacity to more than a million units by late 2025.In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become \"the clear No. 2 electric vehicle maker in North America\" behind Tesla.Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.In a statement, GM Chief Executive Mary Barra on Tuesday said GM's latest investment \"solidifies our path toward U.S. EV leadership by mid-decade.\"The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.Reuters previously reported many of the details of the new investment in Michigan.Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. 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)","news_type":1},"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,"repost":{"id":"2206683778","pubTimestamp":1643181646,"share":"https://ttm.financial/m/news/2206683778?lang=&edition=fundamental","pubTime":"2022-01-26 15:20","market":"us","language":"en","title":"GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=2206683778","media":"StreetInsider","summary":"By Paul Lienert and David Shepardson(Reuters) -     General Motors Co said Tuesday it will invest $7","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/72bc254c1b819a8ff169be6130170979\" tg-width=\"200\" tg-height=\"115\" referrerpolicy=\"no-referrer\"/></p><p>By Paul Lienert and David Shepardson</p><p>(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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.</p><p>Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.</p><p>GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company&#39;s total North America EV production capacity to more than a million units by late 2025.</p><p>In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become &#34;the clear No. 2 electric vehicle maker in North America&#34; behind Tesla.</p><p>Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.</p><p>In a statement, GM Chief Executive Mary Barra on Tuesday said GM&#39;s latest investment &#34;solidifies our path toward U.S. EV leadership by mid-decade.&#34;</p><p>The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.</p><p>GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.</p><p>Reuters previously reported many of the details of the new investment in Michigan.</p><p>Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. Michigan officials said the state contributed $824 million in incentives, in part to support 4,000 new GM jobs.</p><p>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 &#34;will continue during the plant&#39;s conversion.&#34;</p><p>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.</p><p>GM said last June it would boost electric and autonomous vehicle spending to $35 billion through 2025, a 30% jump over its prior forecast.</p><p>(Reporting by Paul Lienert in Detroit; Editing by Nick Zieminski)</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 15:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19500571><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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 ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19500571\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4561":"索罗斯持仓","BK4555":"新能源车","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","GM":"通用汽车","BK4559":"巴菲特持仓","TSLA":"特斯拉","BK4527":"明星科技股","BK4566":"资本集团","BK4099":"汽车制造商","F":"福特汽车","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4534":"瑞士信贷持仓"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19500571","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206683778","content_text":"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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company's total North America EV production capacity to more than a million units by late 2025.In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become \"the clear No. 2 electric vehicle maker in North America\" behind Tesla.Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.In a statement, GM Chief Executive Mary Barra on Tuesday said GM's latest investment \"solidifies our path toward U.S. EV leadership by mid-decade.\"The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.Reuters previously reported many of the details of the new investment in Michigan.Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. 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)","news_type":1},"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,"repost":{"id":"2206683778","pubTimestamp":1643181646,"share":"https://ttm.financial/m/news/2206683778?lang=&edition=fundamental","pubTime":"2022-01-26 15:20","market":"us","language":"en","title":"GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=2206683778","media":"StreetInsider","summary":"By Paul Lienert and David Shepardson(Reuters) -     General Motors Co said Tuesday it will invest $7","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/72bc254c1b819a8ff169be6130170979\" tg-width=\"200\" tg-height=\"115\" referrerpolicy=\"no-referrer\"/></p><p>By Paul Lienert and David Shepardson</p><p>(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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.</p><p>Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.</p><p>GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company&#39;s total North America EV production capacity to more than a million units by late 2025.</p><p>In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become &#34;the clear No. 2 electric vehicle maker in North America&#34; behind Tesla.</p><p>Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.</p><p>In a statement, GM Chief Executive Mary Barra on Tuesday said GM&#39;s latest investment &#34;solidifies our path toward U.S. EV leadership by mid-decade.&#34;</p><p>The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.</p><p>GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.</p><p>Reuters previously reported many of the details of the new investment in Michigan.</p><p>Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. Michigan officials said the state contributed $824 million in incentives, in part to support 4,000 new GM jobs.</p><p>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 &#34;will continue during the plant&#39;s conversion.&#34;</p><p>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.</p><p>GM said last June it would boost electric and autonomous vehicle spending to $35 billion through 2025, a 30% jump over its prior forecast.</p><p>(Reporting by Paul Lienert in Detroit; Editing by Nick Zieminski)</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 15:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19500571><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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 ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19500571\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4561":"索罗斯持仓","BK4555":"新能源车","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","GM":"通用汽车","BK4559":"巴菲特持仓","TSLA":"特斯拉","BK4527":"明星科技股","BK4566":"资本集团","BK4099":"汽车制造商","F":"福特汽车","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4534":"瑞士信贷持仓"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19500571","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206683778","content_text":"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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company's total North America EV production capacity to more than a million units by late 2025.In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become \"the clear No. 2 electric vehicle maker in North America\" behind Tesla.Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.In a statement, GM Chief Executive Mary Barra on Tuesday said GM's latest investment \"solidifies our path toward U.S. EV leadership by mid-decade.\"The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.Reuters previously reported many of the details of the new investment in Michigan.Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. 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)","news_type":1},"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,"repost":{"id":"2206683778","pubTimestamp":1643181646,"share":"https://ttm.financial/m/news/2206683778?lang=&edition=fundamental","pubTime":"2022-01-26 15:20","market":"us","language":"en","title":"GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=2206683778","media":"StreetInsider","summary":"By Paul Lienert and David Shepardson(Reuters) -     General Motors Co said Tuesday it will invest $7","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/72bc254c1b819a8ff169be6130170979\" tg-width=\"200\" tg-height=\"115\" referrerpolicy=\"no-referrer\"/></p><p>By Paul Lienert and David Shepardson</p><p>(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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.</p><p>Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.</p><p>GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company&#39;s total North America EV production capacity to more than a million units by late 2025.</p><p>In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become &#34;the clear No. 2 electric vehicle maker in North America&#34; behind Tesla.</p><p>Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.</p><p>In a statement, GM Chief Executive Mary Barra on Tuesday said GM&#39;s latest investment &#34;solidifies our path toward U.S. EV leadership by mid-decade.&#34;</p><p>The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.</p><p>GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.</p><p>Reuters previously reported many of the details of the new investment in Michigan.</p><p>Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. Michigan officials said the state contributed $824 million in incentives, in part to support 4,000 new GM jobs.</p><p>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 &#34;will continue during the plant&#39;s conversion.&#34;</p><p>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.</p><p>GM said last June it would boost electric and autonomous vehicle spending to $35 billion through 2025, a 30% jump over its prior forecast.</p><p>(Reporting by Paul Lienert in Detroit; Editing by Nick Zieminski)</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 15:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19500571><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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 ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19500571\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4561":"索罗斯持仓","BK4555":"新能源车","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","GM":"通用汽车","BK4559":"巴菲特持仓","TSLA":"特斯拉","BK4527":"明星科技股","BK4566":"资本集团","BK4099":"汽车制造商","F":"福特汽车","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4534":"瑞士信贷持仓"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19500571","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206683778","content_text":"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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company's total North America EV production capacity to more than a million units by late 2025.In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become \"the clear No. 2 electric vehicle maker in North America\" behind Tesla.Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.In a statement, GM Chief Executive Mary Barra on Tuesday said GM's latest investment \"solidifies our path toward U.S. EV leadership by mid-decade.\"The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.Reuters previously reported many of the details of the new investment in Michigan.Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. 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)","news_type":1},"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,"repost":{"id":"2206683778","pubTimestamp":1643181646,"share":"https://ttm.financial/m/news/2206683778?lang=&edition=fundamental","pubTime":"2022-01-26 15:20","market":"us","language":"en","title":"GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=2206683778","media":"StreetInsider","summary":"By Paul Lienert and David Shepardson(Reuters) -     General Motors Co said Tuesday it will invest $7","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/72bc254c1b819a8ff169be6130170979\" tg-width=\"200\" tg-height=\"115\" referrerpolicy=\"no-referrer\"/></p><p>By Paul Lienert and David Shepardson</p><p>(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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.</p><p>Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.</p><p>GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company&#39;s total North America EV production capacity to more than a million units by late 2025.</p><p>In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become &#34;the clear No. 2 electric vehicle maker in North America&#34; behind Tesla.</p><p>Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.</p><p>In a statement, GM Chief Executive Mary Barra on Tuesday said GM&#39;s latest investment &#34;solidifies our path toward U.S. EV leadership by mid-decade.&#34;</p><p>The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.</p><p>GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.</p><p>Reuters previously reported many of the details of the new investment in Michigan.</p><p>Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. Michigan officials said the state contributed $824 million in incentives, in part to support 4,000 new GM jobs.</p><p>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 &#34;will continue during the plant&#39;s conversion.&#34;</p><p>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.</p><p>GM said last June it would boost electric and autonomous vehicle spending to $35 billion through 2025, a 30% jump over its prior forecast.</p><p>(Reporting by Paul Lienert in Detroit; Editing by Nick Zieminski)</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 15:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19500571><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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 ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19500571\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4561":"索罗斯持仓","BK4555":"新能源车","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","GM":"通用汽车","BK4559":"巴菲特持仓","TSLA":"特斯拉","BK4527":"明星科技股","BK4566":"资本集团","BK4099":"汽车制造商","F":"福特汽车","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4534":"瑞士信贷持仓"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19500571","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206683778","content_text":"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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company's total North America EV production capacity to more than a million units by late 2025.In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become \"the clear No. 2 electric vehicle maker in North America\" behind Tesla.Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.In a statement, GM Chief Executive Mary Barra on Tuesday said GM's latest investment \"solidifies our path toward U.S. EV leadership by mid-decade.\"The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.Reuters previously reported many of the details of the new investment in Michigan.Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. 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)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":7211056,"gmtCreate":1643185847302,"gmtModify":1663239656135,"authorId":3581997518772824,"author":{"id":3581997518772824,"idStr":"3581997518772824","authorId":3581997518772824,"name":"MonKeyTgr","avatar":"https://static.tigerbbs.com/4ab27682077288c911a0756e5ad330a1","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":639376323,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"CN"},{"id":9090206479,"gmtCreate":1643184233807,"gmtModify":1676533782751,"author":{"id":"3577329975789510","authorId":"3577329975789510","name":"PYing","avatar":"https://static.tigerbbs.com/a0abbf21ca84652fd80062812589daf2","vip":1,"crmLevel":8,"crmLevelSwitch":0,"idStr":"3577329975789510","authorIdStr":"3577329975789510"},"htmlText":"Useful&nbsp;","listText":"Useful&nbsp;","text":"Useful","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090206479","repostId":2206683778,"repostType":4,"repost":{"id":"2206683778","pubTimestamp":1643181646,"share":"https://ttm.financial/m/news/2206683778?lang=&edition=fundamental","pubTime":"2022-01-26 15:20","market":"us","language":"en","title":"GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=2206683778","media":"StreetInsider","summary":"By Paul Lienert and David Shepardson(Reuters) -     General Motors Co said Tuesday it will invest $7","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/72bc254c1b819a8ff169be6130170979\" tg-width=\"200\" tg-height=\"115\" referrerpolicy=\"no-referrer\"/></p><p>By Paul Lienert and David Shepardson</p><p>(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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.</p><p>Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.</p><p>GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company&#39;s total North America EV production capacity to more than a million units by late 2025.</p><p>In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become &#34;the clear No. 2 electric vehicle maker in North America&#34; behind Tesla.</p><p>Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.</p><p>In a statement, GM Chief Executive Mary Barra on Tuesday said GM&#39;s latest investment &#34;solidifies our path toward U.S. EV leadership by mid-decade.&#34;</p><p>The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.</p><p>GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.</p><p>Reuters previously reported many of the details of the new investment in Michigan.</p><p>Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. Michigan officials said the state contributed $824 million in incentives, in part to support 4,000 new GM jobs.</p><p>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 &#34;will continue during the plant&#39;s conversion.&#34;</p><p>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.</p><p>GM said last June it would boost electric and autonomous vehicle spending to $35 billion through 2025, a 30% jump over its prior forecast.</p><p>(Reporting by Paul Lienert in Detroit; Editing by Nick Zieminski)</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 15:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19500571><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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 ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19500571\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4561":"索罗斯持仓","BK4555":"新能源车","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","GM":"通用汽车","BK4559":"巴菲特持仓","TSLA":"特斯拉","BK4527":"明星科技股","BK4566":"资本集团","BK4099":"汽车制造商","F":"福特汽车","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4534":"瑞士信贷持仓"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19500571","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206683778","content_text":"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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company's total North America EV production capacity to more than a million units by late 2025.In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become \"the clear No. 2 electric vehicle maker in North America\" behind Tesla.Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.In a statement, GM Chief Executive Mary Barra on Tuesday said GM's latest investment \"solidifies our path toward U.S. EV leadership by mid-decade.\"The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.Reuters previously reported many of the details of the new investment in Michigan.Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. 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)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090206214,"gmtCreate":1643184089043,"gmtModify":1676533782743,"author":{"id":"3586426272011868","authorId":"3586426272011868","name":"T0000024852","avatar":"https://static.tigerbbs.com/558c2124ff14f2c3586c97422ed4a346","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586426272011868","authorIdStr":"3586426272011868"},"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090206214","repostId":2206683778,"repostType":4,"repost":{"id":"2206683778","pubTimestamp":1643181646,"share":"https://ttm.financial/m/news/2206683778?lang=&edition=fundamental","pubTime":"2022-01-26 15:20","market":"us","language":"en","title":"GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=2206683778","media":"StreetInsider","summary":"By Paul Lienert and David Shepardson(Reuters) -     General Motors Co said Tuesday it will invest $7","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/72bc254c1b819a8ff169be6130170979\" tg-width=\"200\" tg-height=\"115\" referrerpolicy=\"no-referrer\"/></p><p>By Paul Lienert and David Shepardson</p><p>(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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.</p><p>Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.</p><p>GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company&#39;s total North America EV production capacity to more than a million units by late 2025.</p><p>In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become &#34;the clear No. 2 electric vehicle maker in North America&#34; behind Tesla.</p><p>Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.</p><p>In a statement, GM Chief Executive Mary Barra on Tuesday said GM&#39;s latest investment &#34;solidifies our path toward U.S. EV leadership by mid-decade.&#34;</p><p>The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.</p><p>GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.</p><p>Reuters previously reported many of the details of the new investment in Michigan.</p><p>Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. Michigan officials said the state contributed $824 million in incentives, in part to support 4,000 new GM jobs.</p><p>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 &#34;will continue during the plant&#39;s conversion.&#34;</p><p>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.</p><p>GM said last June it would boost electric and autonomous vehicle spending to $35 billion through 2025, a 30% jump over its prior forecast.</p><p>(Reporting by Paul Lienert in Detroit; Editing by Nick Zieminski)</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 15:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19500571><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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 ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19500571\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4561":"索罗斯持仓","BK4555":"新能源车","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","GM":"通用汽车","BK4559":"巴菲特持仓","TSLA":"特斯拉","BK4527":"明星科技股","BK4566":"资本集团","BK4099":"汽车制造商","F":"福特汽车","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4534":"瑞士信贷持仓"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19500571","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206683778","content_text":"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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company's total North America EV production capacity to more than a million units by late 2025.In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become \"the clear No. 2 electric vehicle maker in North America\" behind Tesla.Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.In a statement, GM Chief Executive Mary Barra on Tuesday said GM's latest investment \"solidifies our path toward U.S. EV leadership by mid-decade.\"The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.Reuters previously reported many of the details of the new investment in Michigan.Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. 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)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090201735,"gmtCreate":1643182949396,"gmtModify":1676533782710,"author":{"id":"3577323914202336","authorId":"3577323914202336","name":"V K","avatar":"https://static.tigerbbs.com/536d624e5750dcffec704eeed9bc003b","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":8,"crmLevelSwitch":1,"idStr":"3577323914202336","authorIdStr":"3577323914202336"},"htmlText":"Pls like tyvm[Happy]&nbsp;","listText":"Pls like tyvm[Happy]&nbsp;","text":"Pls like tyvm[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090201735","repostId":2206683778,"repostType":4,"repost":{"id":"2206683778","pubTimestamp":1643181646,"share":"https://ttm.financial/m/news/2206683778?lang=&edition=fundamental","pubTime":"2022-01-26 15:20","market":"us","language":"en","title":"GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=2206683778","media":"StreetInsider","summary":"By Paul Lienert and David Shepardson(Reuters) -     General Motors Co said Tuesday it will invest $7","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/72bc254c1b819a8ff169be6130170979\" tg-width=\"200\" tg-height=\"115\" referrerpolicy=\"no-referrer\"/></p><p>By Paul Lienert and David Shepardson</p><p>(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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.</p><p>Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.</p><p>GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company&#39;s total North America EV production capacity to more than a million units by late 2025.</p><p>In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become &#34;the clear No. 2 electric vehicle maker in North America&#34; behind Tesla.</p><p>Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.</p><p>In a statement, GM Chief Executive Mary Barra on Tuesday said GM&#39;s latest investment &#34;solidifies our path toward U.S. EV leadership by mid-decade.&#34;</p><p>The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.</p><p>GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.</p><p>Reuters previously reported many of the details of the new investment in Michigan.</p><p>Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. Michigan officials said the state contributed $824 million in incentives, in part to support 4,000 new GM jobs.</p><p>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 &#34;will continue during the plant&#39;s conversion.&#34;</p><p>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.</p><p>GM said last June it would boost electric and autonomous vehicle spending to $35 billion through 2025, a 30% jump over its prior forecast.</p><p>(Reporting by Paul Lienert in Detroit; Editing by Nick Zieminski)</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 15:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19500571><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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 ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19500571\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4561":"索罗斯持仓","BK4555":"新能源车","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","GM":"通用汽车","BK4559":"巴菲特持仓","TSLA":"特斯拉","BK4527":"明星科技股","BK4566":"资本集团","BK4099":"汽车制造商","F":"福特汽车","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4534":"瑞士信贷持仓"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19500571","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206683778","content_text":"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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company's total North America EV production capacity to more than a million units by late 2025.In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become \"the clear No. 2 electric vehicle maker in North America\" behind Tesla.Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.In a statement, GM Chief Executive Mary Barra on Tuesday said GM's latest investment \"solidifies our path toward U.S. EV leadership by mid-decade.\"The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.Reuters previously reported many of the details of the new investment in Michigan.Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. 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)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090201072,"gmtCreate":1643182604015,"gmtModify":1676533782678,"author":{"id":"3577233160413860","authorId":"3577233160413860","name":"Clotzyng","avatar":"https://static.tigerbbs.com/c56c3d6b1db5d3bf283b23cdb3e4f49a","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":1,"idStr":"3577233160413860","authorIdStr":"3577233160413860"},"htmlText":"GM in denial","listText":"GM in denial","text":"GM in denial","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090201072","repostId":2206683778,"repostType":2,"repost":{"id":"2206683778","pubTimestamp":1643181646,"share":"https://ttm.financial/m/news/2206683778?lang=&edition=fundamental","pubTime":"2022-01-26 15:20","market":"us","language":"en","title":"GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=2206683778","media":"StreetInsider","summary":"By Paul Lienert and David Shepardson(Reuters) -     General Motors Co said Tuesday it will invest $7","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/72bc254c1b819a8ff169be6130170979\" tg-width=\"200\" tg-height=\"115\" referrerpolicy=\"no-referrer\"/></p><p>By Paul Lienert and David Shepardson</p><p>(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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.</p><p>Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.</p><p>GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company&#39;s total North America EV production capacity to more than a million units by late 2025.</p><p>In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become &#34;the clear No. 2 electric vehicle maker in North America&#34; behind Tesla.</p><p>Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.</p><p>In a statement, GM Chief Executive Mary Barra on Tuesday said GM&#39;s latest investment &#34;solidifies our path toward U.S. EV leadership by mid-decade.&#34;</p><p>The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.</p><p>GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.</p><p>Reuters previously reported many of the details of the new investment in Michigan.</p><p>Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. Michigan officials said the state contributed $824 million in incentives, in part to support 4,000 new GM jobs.</p><p>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 &#34;will continue during the plant&#39;s conversion.&#34;</p><p>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.</p><p>GM said last June it would boost electric and autonomous vehicle spending to $35 billion through 2025, a 30% jump over its prior forecast.</p><p>(Reporting by Paul Lienert in Detroit; Editing by Nick Zieminski)</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 15:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19500571><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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 ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19500571\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4561":"索罗斯持仓","BK4555":"新能源车","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","GM":"通用汽车","BK4559":"巴菲特持仓","TSLA":"特斯拉","BK4527":"明星科技股","BK4566":"资本集团","BK4099":"汽车制造商","F":"福特汽车","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4534":"瑞士信贷持仓"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19500571","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206683778","content_text":"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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company's total North America EV production capacity to more than a million units by late 2025.In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become \"the clear No. 2 electric vehicle maker in North America\" behind Tesla.Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.In a statement, GM Chief Executive Mary Barra on Tuesday said GM's latest investment \"solidifies our path toward U.S. EV leadership by mid-decade.\"The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.Reuters previously reported many of the details of the new investment in Michigan.Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. 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)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090203994,"gmtCreate":1643182013807,"gmtModify":1676533782654,"author":{"id":"4088201880010570","authorId":"4088201880010570","name":"Heng08","avatar":"https://community-static.tradeup.com/news/505153f04c3a6654891a2cb833a63f89","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"4088201880010570","authorIdStr":"4088201880010570"},"htmlText":"Won","listText":"Won","text":"Won","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090203994","repostId":2206683778,"repostType":2,"repost":{"id":"2206683778","pubTimestamp":1643181646,"share":"https://ttm.financial/m/news/2206683778?lang=&edition=fundamental","pubTime":"2022-01-26 15:20","market":"us","language":"en","title":"GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=2206683778","media":"StreetInsider","summary":"By Paul Lienert and David Shepardson(Reuters) -     General Motors Co said Tuesday it will invest $7","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/72bc254c1b819a8ff169be6130170979\" tg-width=\"200\" tg-height=\"115\" referrerpolicy=\"no-referrer\"/></p><p>By Paul Lienert and David Shepardson</p><p>(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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.</p><p>Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.</p><p>GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company&#39;s total North America EV production capacity to more than a million units by late 2025.</p><p>In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become &#34;the clear No. 2 electric vehicle maker in North America&#34; behind Tesla.</p><p>Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.</p><p>In a statement, GM Chief Executive Mary Barra on Tuesday said GM&#39;s latest investment &#34;solidifies our path toward U.S. EV leadership by mid-decade.&#34;</p><p>The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.</p><p>GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.</p><p>Reuters previously reported many of the details of the new investment in Michigan.</p><p>Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. Michigan officials said the state contributed $824 million in incentives, in part to support 4,000 new GM jobs.</p><p>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 &#34;will continue during the plant&#39;s conversion.&#34;</p><p>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.</p><p>GM said last June it would boost electric and autonomous vehicle spending to $35 billion through 2025, a 30% jump over its prior forecast.</p><p>(Reporting by Paul Lienert in Detroit; Editing by Nick Zieminski)</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 15:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19500571><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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 ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19500571\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4561":"索罗斯持仓","BK4555":"新能源车","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","GM":"通用汽车","BK4559":"巴菲特持仓","TSLA":"特斯拉","BK4527":"明星科技股","BK4566":"资本集团","BK4099":"汽车制造商","F":"福特汽车","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4534":"瑞士信贷持仓"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19500571","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206683778","content_text":"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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company's total North America EV production capacity to more than a million units by late 2025.In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become \"the clear No. 2 electric vehicle maker in North America\" behind Tesla.Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.In a statement, GM Chief Executive Mary Barra on Tuesday said GM's latest investment \"solidifies our path toward U.S. EV leadership by mid-decade.\"The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.Reuters previously reported many of the details of the new investment in Michigan.Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. 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)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090203004,"gmtCreate":1643182013646,"gmtModify":1676533782662,"author":{"id":"4098742622560140","authorId":"4098742622560140","name":"HTFreak","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"4098742622560140","authorIdStr":"4098742622560140"},"htmlText":"GM already drowning in debt Liao and taking even more&nbsp;debt Trying to compete with Tesla. Only a matter of time before they enter Chapter 11. Mary Barra FTW... LOL!!","listText":"GM already drowning in debt Liao and taking even more&nbsp;debt Trying to compete with Tesla. Only a matter of time before they enter Chapter 11. Mary Barra FTW... LOL!!","text":"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!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090203004","repostId":2206683778,"repostType":2,"repost":{"id":"2206683778","pubTimestamp":1643181646,"share":"https://ttm.financial/m/news/2206683778?lang=&edition=fundamental","pubTime":"2022-01-26 15:20","market":"us","language":"en","title":"GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=2206683778","media":"StreetInsider","summary":"By Paul Lienert and David Shepardson(Reuters) -     General Motors Co said Tuesday it will invest $7","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/72bc254c1b819a8ff169be6130170979\" tg-width=\"200\" tg-height=\"115\" referrerpolicy=\"no-referrer\"/></p><p>By Paul Lienert and David Shepardson</p><p>(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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.</p><p>Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.</p><p>GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company&#39;s total North America EV production capacity to more than a million units by late 2025.</p><p>In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become &#34;the clear No. 2 electric vehicle maker in North America&#34; behind Tesla.</p><p>Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.</p><p>In a statement, GM Chief Executive Mary Barra on Tuesday said GM&#39;s latest investment &#34;solidifies our path toward U.S. EV leadership by mid-decade.&#34;</p><p>The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.</p><p>GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.</p><p>Reuters previously reported many of the details of the new investment in Michigan.</p><p>Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. Michigan officials said the state contributed $824 million in incentives, in part to support 4,000 new GM jobs.</p><p>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 &#34;will continue during the plant&#39;s conversion.&#34;</p><p>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.</p><p>GM said last June it would boost electric and autonomous vehicle spending to $35 billion through 2025, a 30% jump over its prior forecast.</p><p>(Reporting by Paul Lienert in Detroit; Editing by Nick Zieminski)</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 15:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19500571><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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 ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19500571\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4561":"索罗斯持仓","BK4555":"新能源车","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","GM":"通用汽车","BK4559":"巴菲特持仓","TSLA":"特斯拉","BK4527":"明星科技股","BK4566":"资本集团","BK4099":"汽车制造商","F":"福特汽车","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4534":"瑞士信贷持仓"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19500571","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206683778","content_text":"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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company's total North America EV production capacity to more than a million units by late 2025.In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become \"the clear No. 2 electric vehicle maker in North America\" behind Tesla.Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.In a statement, GM Chief Executive Mary Barra on Tuesday said GM's latest investment \"solidifies our path toward U.S. EV leadership by mid-decade.\"The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.Reuters previously reported many of the details of the new investment in Michigan.Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. 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)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":639975951,"gmtCreate":1643152896576,"gmtModify":1676532642283,"author":{"id":"3569807126010989","authorId":"3569807126010989","name":"happymoney","avatar":"https://static.tigerbbs.com/c7b835f693b89bd9b980cc013a40c669","vip":1,"crmLevel":7,"crmLevelSwitch":1,"idStr":"3569807126010989","authorIdStr":"3569807126010989"},"htmlText":"So yesterday&nbsp;","listText":"So yesterday&nbsp;","text":"So yesterday","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/639975951","repostId":2206683778,"repostType":2,"repost":{"id":"2206683778","pubTimestamp":1643181646,"share":"https://ttm.financial/m/news/2206683778?lang=&edition=fundamental","pubTime":"2022-01-26 15:20","market":"us","language":"en","title":"GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=2206683778","media":"StreetInsider","summary":"By Paul Lienert and David Shepardson(Reuters) -     General Motors Co said Tuesday it will invest $7","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/72bc254c1b819a8ff169be6130170979\" tg-width=\"200\" tg-height=\"115\" referrerpolicy=\"no-referrer\"/></p><p>By Paul Lienert and David Shepardson</p><p>(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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.</p><p>Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.</p><p>GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company&#39;s total North America EV production capacity to more than a million units by late 2025.</p><p>In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become &#34;the clear No. 2 electric vehicle maker in North America&#34; behind Tesla.</p><p>Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.</p><p>In a statement, GM Chief Executive Mary Barra on Tuesday said GM&#39;s latest investment &#34;solidifies our path toward U.S. EV leadership by mid-decade.&#34;</p><p>The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.</p><p>GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.</p><p>Reuters previously reported many of the details of the new investment in Michigan.</p><p>Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. Michigan officials said the state contributed $824 million in incentives, in part to support 4,000 new GM jobs.</p><p>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 &#34;will continue during the plant&#39;s conversion.&#34;</p><p>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.</p><p>GM said last June it would boost electric and autonomous vehicle spending to $35 billion through 2025, a 30% jump over its prior forecast.</p><p>(Reporting by Paul Lienert in Detroit; Editing by Nick Zieminski)</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGM's $7 Billion Investment Intensifies EV Battle With Ford, Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 15:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19500571><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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 ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19500571\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4561":"索罗斯持仓","BK4555":"新能源车","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","GM":"通用汽车","BK4559":"巴菲特持仓","TSLA":"特斯拉","BK4527":"明星科技股","BK4566":"资本集团","BK4099":"汽车制造商","F":"福特汽车","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4534":"瑞士信贷持仓"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19500571","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206683778","content_text":"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 pickups, intensifying a battle with Detroit rival Ford Motor Co for EV supremacy in North America.Both U.S. automakers, however, will have to contend with current leader Tesla, which will soon open a second U.S. plant in Austin, Texas, and is on pace to sell more than 1 million electric vehicles globally in 2022.GM said its Detroit-Hamtramck and Orion Township plants will be able to build more than 600,000 electric trucks a year by late 2024, with three other plants in Tennessee, Ontario and Mexico boosting the company's total North America EV production capacity to more than a million units by late 2025.In January, Ford said it will have the annual capacity to build 600,000 electric vehicles, including 150,000 F-150 Lightning pickups, within 24 months, when it aims to become \"the clear No. 2 electric vehicle maker in North America\" behind Tesla.Last year, Ford said it would invest more than $11 billion in new electric truck and battery plants in Tennessee and Kentucky, along with Korean partner SK Innovation.In a statement, GM Chief Executive Mary Barra on Tuesday said GM's latest investment \"solidifies our path toward U.S. EV leadership by mid-decade.\"The investment includes $2.6 billion with Korean partner LG Energy Solution in a new battery cell plant in Lansing that will supply Orion Township and other GM assembly plants when it opens in late 2024.GM also is spending $4 billion to overhaul and expand the Orion plant, which will build different variants of the new Chevrolet Silverado and GMC Sierra electric pickups, President Mark Reuss said in a media briefing.Reuters previously reported many of the details of the new investment in Michigan.Reuss declined to provide details on incentives provided by Michigan to secure the GM investments, which include more than $500 million in two Lansing plants that currently build combustion-engine vehicles. 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)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":7209790,"gmtCreate":1643152909577,"gmtModify":1663239649138,"authorId":3569807126010989,"author":{"id":3569807126010989,"idStr":"3569807126010989","authorId":3569807126010989,"name":"happymoney","avatar":"https://static.tigerbbs.com/c7b835f693b89bd9b980cc013a40c669","vip":1,"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":639975951,"type":1,"supId":0,"prevId":0,"content":"<u>Yawn</u>","text":"<u>Yawn</u>","html":"<u>Yawn</u>"}],"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":156,"commentSize":17,"repostSize":0,"favoriteSize":2,"likeStatus":false,"favoriteStatus":false}}