GM CEO promises profitable electric vehicles by 2021
The company aims to cut the cost of its lithium-ion batteries to less than $100 per kilowatt-hour from $145 per kilowatt-hour by 2021, which would bring the overall cost of electric vehicles much closer to comparable gasoline-engine models.
Nov 15, 2017, 23:50 PM ISTMary Barra named GM chair in new first for a woman
Barra will succeed Tim Solso, who will continue to serve as the board's lead independent director.
Jan 05, 2016, 16:13 PM ISTFirst year as GM CEO marked by disappointment, progress: Mary Barra
Barra, who became the first woman to lead a major automaker last January, almost immediately faced a crisis over defective ignition switches that are now linked to at least 42 deaths.
Jan 09, 2015, 02:04 AM ISTGM to invest $14 billion in China
The company's plans for China also includes introducing 60 new models or refreshed vehicles, including nine new models from GM's flagship luxury brand Cadillac.
Oct 03, 2014, 13:51 PM IST