Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

GM Accelerates Rollout Of Two ‘Major’ EV Programs: Report

- Advertisement -
  • It plans to hire 3,000 technology-related employees through the first quarter
  • In August, GM Motors Co. have claimed to come up with a strategy to reverse its decline and chase after Tesla Inc.’s lead in selling electric vehicle in the world’s largest market

As per a report by Reuters, an executive of General Motors said that the company has accelerated the rollout of two electric-vehicle programs since its EV Day in March. It plans to hire 3,000 technology-related employees through the first quarter.

The report added that the company has pulled forward “two major programs” since its March 4 event. There, Ken Morris, GM vice president of electric and autonomous programs, told reporters that the company will invest $20 billion in electric and autonomous vehicles. He declined to identify the programs but mentioned them after discussing the GMC Hummer EV pickup.

Hire 3,000 employees across engineering, design and information technology

- Advertisement -

He said on a conference call that the company is moving faster than ever. GM’s progress on and investment in EVs is not slowing down. The report added that the company, in order to do an EV push, will 3,000 employees across engineering, design and information technology through the first quarter. Chief Executive Mary Barra said last week GM will boost capital spending over the next three years to speed development of EVs. In August, GM Motors Co. have claimed to come up with a strategy to reverse its decline and chase after Tesla Inc.’s lead in selling electric vehicle in the world’s largest market.

- Advertisement -

Most Popular Articles

Advanced Energy Opens New Facility In Greater Boston

0
Aiming to support local talent and innovation in the Boston tech corridor, Power electronics manufacturer Advanced Energy has opened a new design and service...

Zoho Group CEO Debunks Reports Of Setting up New Silicon Carbide Unit In Odisha

0
According to Vembu, the reports are based out of media speculation because the investment proposal is yet to be approved internally by the company. Hours...

EV Sales In Europe See Steepest Annual Drop Since 2017

0
In August 2024, Europe saw sales of 125,070 electric vehicles (EVs), a 36% year-over-year decrease and the most significant decline since January 2017. Consequently,...

Greaves Electric Mobility Expands Ampere Range With Dealers

0
After receiving government incentive approval, Greaves Electric Mobility invites new dealers to expand its Ampere range, looking for better customer experience and affordability. Greaves Electric...

TSMC Arizona Unit Starts Producing Apple’s Latest A16 SoC Using 5-nm Process

0
Apple A16 chips with 5nm process produced in TSMC Arizona plant are likely to be used in upcoming iPads, and the next generation iPhone...
Sirajuddin Ali, Founder and CEO of Malitra

“We Need Changes In National Building Codes, Along With Stringent Guidelines For Existing Buildings...

0
What are the policy shifts that could drive the expansion of India's EV ecosystem? Sirajuddin Ali, Founder and CEO of Malitra, an EV charging...
Narayan Kumar, Divisional Director - Industrial Devices Division, Panasonic Life Solutions India

“Automotive Is Currently Dominant; Infrastructure, ICT, Factory Automation Poised For Growth” – Narayan Kumar,...

0
In a discussion with EFY, Narayan Kumar, Divisional Director of Panasonic Life Solutions India's Industrial Devices Division (INDD), shared insights on the company's strategy...
Brajendra Singh Tomar CEO and Founder of Finayo

“Leasing Companies Critical For EV Adoption In The B2B Vertical” – Brajendra Singh Tomar,...

0
Why do electric rickshaws outsell L-category electric three-wheelers in rural and semi-rural areas? Is there potential for change? Brajendra Singh Tomar, CEO and Founder...
Naresh Neelakantan Global Nexus

“Cyber attack On A Vehicle Is An Attack On The OEM’s Image” – Naresh...

0
With the ongoing rapid evolution in the automotive arena, are cyberattack threats also increasing? Moreover, are software defined vehicles (SDVs) equipped to counter these...
Pradeep Palelli co-founder and CEO of Thanos Technologies

“Drones Represent High Technology And Are High-Ticket Items” – Pradeep Palelli, Co-Founder and CEO...

0
Three thousand – not a nod to Iron Man's love for his daughter, but the annual production capacity of spraying agri-drones at Thanos Technologies’...

Formula Racing Students Teams To PMSM Motors With 97% Efficiency

0
What can four students from Formula Racing teams accomplish? Why would they shift from creating an electric two-wheeler brand to tackling the rigorous B2B...

STMicroelectronics Joins RISC-V Startup Quintauris As Shareholder

0
To enhance RISC-V product development, STMicroelectronics has joined startup Quintauris as its sixth shareholder, which focuses on automotive and future mobile/IoT applications. Swiss semiconductor company...

Chip Design Startup BigEndian Receives $3M Investment

0
Eyeing expansion in engineering and R&D teams for security solutions, domestic fabless startup BigEndian has obtained a $3 million investment from Vertex Ventures SEA...

Thinker bell’s Self-Learning And Remote-Enabled Braille Literacy Device

0
Bengaluru-based startup Thinkerbell Labs Pvt Ltd was founded by Dilip Ramesh, Sanskriti Dawle, Aman Srivastava, and Saif Shaikh in 2016. For many years, Braille has...

Mukunda Foods: From QSRTo Kitchen Technology Expert

0
Mukunda Foods, originally a QSR, evolved into a kitchen technology expert, simplifying kitchen operations through automation. Established in 2012 by Eshwar K Vikas and Sudeep...

Industry's Buzz

Advanced Energy Opens New Facility In Greater Boston

0
Aiming to support local talent and innovation in the Boston tech corridor, Power electronics manufacturer Advanced Energy has opened a new design and service...

Zoho Group CEO Debunks Reports Of Setting up New Silicon Carbide Unit In Odisha

0
According to Vembu, the reports are based out of media speculation because the investment proposal is yet to be approved internally by the company. Hours...

EV Sales In Europe See Steepest Annual Drop Since 2017

0
In August 2024, Europe saw sales of 125,070 electric vehicles (EVs), a 36% year-over-year decrease and the most significant decline since January 2017. Consequently,...

Greaves Electric Mobility Expands Ampere Range With Dealers

0
After receiving government incentive approval, Greaves Electric Mobility invites new dealers to expand its Ampere range, looking for better customer experience and affordability. Greaves Electric...

TSMC Arizona Unit Starts Producing Apple’s Latest A16 SoC Using 5-nm Process

0
Apple A16 chips with 5nm process produced in TSMC Arizona plant are likely to be used in upcoming iPads, and the next generation iPhone...

Learn From Leaders

Sirajuddin Ali, Founder and CEO of Malitra

“We Need Changes In National Building Codes, Along With Stringent Guidelines For Existing Buildings...

0
What are the policy shifts that could drive the expansion of India's EV ecosystem? Sirajuddin Ali, Founder and CEO of Malitra, an EV charging...
Narayan Kumar, Divisional Director - Industrial Devices Division, Panasonic Life Solutions India

“Automotive Is Currently Dominant; Infrastructure, ICT, Factory Automation Poised For Growth” – Narayan Kumar,...

0
In a discussion with EFY, Narayan Kumar, Divisional Director of Panasonic Life Solutions India's Industrial Devices Division (INDD), shared insights on the company's strategy...
Brajendra Singh Tomar CEO and Founder of Finayo

“Leasing Companies Critical For EV Adoption In The B2B Vertical” – Brajendra Singh Tomar,...

0
Why do electric rickshaws outsell L-category electric three-wheelers in rural and semi-rural areas? Is there potential for change? Brajendra Singh Tomar, CEO and Founder...
Naresh Neelakantan Global Nexus

“Cyber attack On A Vehicle Is An Attack On The OEM’s Image” – Naresh...

0
With the ongoing rapid evolution in the automotive arena, are cyberattack threats also increasing? Moreover, are software defined vehicles (SDVs) equipped to counter these...
Pradeep Palelli co-founder and CEO of Thanos Technologies

“Drones Represent High Technology And Are High-Ticket Items” – Pradeep Palelli, Co-Founder and CEO...

0
Three thousand – not a nod to Iron Man's love for his daughter, but the annual production capacity of spraying agri-drones at Thanos Technologies’...

Startups

Formula Racing Students Teams To PMSM Motors With 97% Efficiency

0
What can four students from Formula Racing teams accomplish? Why would they shift from creating an electric two-wheeler brand to tackling the rigorous B2B...

STMicroelectronics Joins RISC-V Startup Quintauris As Shareholder

0
To enhance RISC-V product development, STMicroelectronics has joined startup Quintauris as its sixth shareholder, which focuses on automotive and future mobile/IoT applications. Swiss semiconductor company...

Chip Design Startup BigEndian Receives $3M Investment

0
Eyeing expansion in engineering and R&D teams for security solutions, domestic fabless startup BigEndian has obtained a $3 million investment from Vertex Ventures SEA...

Thinker bell’s Self-Learning And Remote-Enabled Braille Literacy Device

0
Bengaluru-based startup Thinkerbell Labs Pvt Ltd was founded by Dilip Ramesh, Sanskriti Dawle, Aman Srivastava, and Saif Shaikh in 2016. For many years, Braille has...

Mukunda Foods: From QSRTo Kitchen Technology Expert

0
Mukunda Foods, originally a QSR, evolved into a kitchen technology expert, simplifying kitchen operations through automation. Established in 2012 by Eshwar K Vikas and Sudeep...