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It used to be said, “As goes General Motors, so goes the nation.” It is pretty much the same thing with the Dow Jones Industrial Average. The venerable index has long been considered a barometer on the health of the stock market and the economy. It’s been a bumpy ride for both this year. Although […] The post Should You Buy the 3 Best Dow Stocks in 2024? appeared first on 24/7 Wall St. .
''Lithium Americas Corp. (NYSE: LAC) recently provided an update regarding its partnership with General Motors, a collaboration that could have significant implications for both companies and the burgeoning electric vehicle (EV) market. As the mining and battery manufacturing sectors continue to evolve, Lithium Americas sits at the forefront, poised to capitalize on increasing demand for lithium, a critical component in battery production.'' ''Current Market Position'' As of the latest reports, Lithium Americas has zero millions of shares outstanding, with its stock priced at $2. 59 per share. This pricing reflects broader market trends and investor sentiment regarding the lithium sector, which is currently experiencing fluctuating prices and heightened competition. While some analysts express caution, citing potential volatility, others remain optimistic, pointing out the strategic significance of the company''s partnership with General Motors. ''Strategic Partnership with GM'' The investment from General Motors is not merely a financial transaction; it illustrates a concerted effort from automakers to secure stable supplies of lithium and other essen.
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Lithium Americas and GM extend deadline for $330M investment in Thacker Pass project. Explore the implications for North America''s largest lithium resource and EV battery supply chain.
After many headaches, GM finally has some good news for Cruise regarding an NHTSA probe and an intriguing partnership.
Lusso''s News GM should face massive class motion over defective transmissions By Jonathan Stempel (Reuters) – Basic Motors () was ordered by a federal appeals court docket to face a category motion claiming it violated legal guidelines of 26 U.S. states by knowingly promoting a number of hundred thousand vehicles, vehicles and SUVs with defective transmissions. The sixth U.S. Circuit Courtroom of Appeals stated a decrease […] The post GM should face massive class motion over defective transmissions appeared first on Lusso''s News . Sir Chartist
(Reuters) - General Motors said on Thursday it would transition BrightDrop commercial vans under Chevrolet, allowing the all-electric vehicle to utili…
The Transmission Company of Nigeria (TCN) says it has embarked on upgrade of its facilities in the Benin Region that would lead to more than 100 per cent improvement in power transmission capacity. Mr Isaac Okpe, the General Manager in the region, disclosed this on Thursday in Benin during an interaction with journalists. Okpe said the company had invested heavily in new equipment and infrastructure to meet the growing demand for electricity in the region. To boost the capacity, the general manager said the company had upgraded from 150MVA 330kva 132 kva transformer in Benin to 300MVA with similar upgrades in other substations. At the Benin substation, where there were 2x60MVA transformers and 1x40MVA, he said the 40MVA had been upgraded to 100MVA to increase the capacity to 240MVA. The TCN boss also stated that a new substation had been inaugurated at Erinje, Ondo State with a capacity of 60MVA. “This is part of our efforts to improve the efficiency and reliability of our transmission grid, and to provide better service to our customers. “These upgrades will significantly reduce power losses and improve voltage stability in the region,” he said.
Certainly, legacy automakers like General Motors ($GM) have been pulling back on their electric ambitions of late. But those ambitions are still in…
GM is making the electric walk-in van part of its Chevrolet franchise as the automaker looks to expand the BrightDrop line''s commercial reach The post GM introduces the Chevrolet BrightDrop appeared first on Electric Autonomy Canada .