Tue, 21-Oct-2025

GM to invest $35 billion in electric cars

General Motors

RIYADH: US automotive company General Motors plans to invest $35 billion on manufacturing a new portfolio of electric cars using battery platform Ultium, Arab News quoted the company’s president as saying. General Motors will introduce 30 new electric cars by 2025, Steven Kiefer told Al Arabiya, adding that many of the new vehicles aim to cater to the … Read more

GM abandons group of car companies supporting fuel efficiency rules

GM

Yet another automaker backed out from President Trump’s efforts to overturn California’s ability to set fuel efficiency rules. Nissan said it was joining General Motors in abandoning the group of car companies that were previously supporting Trump’s efforts. GM made an announcement on 23rd November saying it will leave the group of automakers which include … Read more