The electric carmaker has struggled with quality issues as it has scaled from making tens of thousand cars a year to 500,000 in 2020.
Building electric cars, and repairing them, will require a huge change for the industry and usher in a new automotive era.
How big automakers are abandoning resistance
Big oil companies lost billions in 2020 because of the pandemic and face broad questions about how they will adapt to climate change and regulations.
The end of the gasoline-powered car will transform the economy.
Every carmaker is trying to figure out how to make the leap before governments force it and Tesla and other start-ups lure away drivers.
GM’s decision this week to phase out gasoline vehicles is the latest in a major shift that will mean drastic new demands on electric utilities. Here are four things that will need to happen.
With government support and lavish subsidies, Chinese companies have come to dominate the market for batteries, motors and other essentials Detroit may need for its new fleets.
The move, one of the most ambitious in the auto industry, is a piece of a broader plan by the company to become carbon neutral by 2040.
The company benefited from a jump in sales of electric cars in China and Europe, but its fourth quarter earnings fell short of Wall Street’s expectations.