Tag: General Motors

GM inks long-term supply deal with Global Foundries to manufacture microchips in the US

With a global chip shortage that is exacerbated by conflicts in Ukraine and in East Asia as well as supply chain issues brought by...

GM and Honda To Produce Millions of Affordable Electric Vehicles by 2027

Starting in 2027, General Motors and Honda Motor Co will be selling a range of affordable electric vehicles under $30,000 based on a new...

Nikola Corporation Chairman Steps Down on a Short Seller’s Report

Nikola Corporation, an American company with the concept of zero-emissions vehicles, Executive Chairman Trevor Milton stepped down after a short seller’s report, CNN reported...

Nikola Corp (NASDAQ:NKLA) Receives Vote Of Confidence From GM CEO and Its Executive Chairman Who Bought Stock

Following fraud allegations on Nikola Motor Company (NASDAQ:NKLA) from short-seller research firm Hindenburg Research the company's shares have been on a downward trajectory. However,...