Mexico's deputy economy minister had said on Wednesday that GM and Taiwanese tech giant Foxconn would announce plans to swap out imports to Mexico for production in the country later this month.
Tesla remained the top EV maker, but its market share fell to 46 percent in August from 51 percent a year earlier as legacy brands such as Chevrolet, Honda and Kia chipped away at its commanding lead.
GM has entered into a $625 million joint venture with Lithium Americas to develop and operate a lithium carbonate mining ...
General Motors CEO Mary Barra said the company has made moves to capitalize on the growing importance of electric vehicles.
GM's capital is set to help build a Nevada mine that would provide lithium that could be used to make electric-vehicle ...