Vehicle Sales
Stellantis’ German BEV horror show
The Amsterdam-headquartered conglomerate joins Renault and Tesla in Teutonic turmoil
Corporate Strategy
GM sticks to EV margin guns
Detroit-based OEM banking on robust pricing and efficiency gains
4 min read
US automaker GM will not be rowing back from its goal to improve margins on its EV sales to low-to-mid single digits by 2025, even though it has been hit by a module assembly capacity issue that threatens to drag on until year-end. Cost savings and discipline on price are the levers with which it aims to improve EV profitability.
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Battery and Components
GM sells out of Michigan battery plant
The firm continues to look to diversify its approach
Corporate Strategy
Mercedes ignores e-fuels in CO2-neutral goal
The legacy OEM is all-in on electrification
Corporate Strategy
Volkswagen may end up owning more than 20pc of Rivian
Equity commitments within software JV could add up to a substantial minority stake, while working relationships are only going to get closer
Corporate Strategy
Ampere to make five non-Renault models
French OEM’s BEV arm to make more cars for performance marque and alliance partners