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GM to Buy EV Batteries From China's CATL

GM To Buy Batteries From CATL For Next-Gen Bolt EVs Despite Trump Tariff: Report

U.S. automaker General Motors (GM) intends to import batteries from China in spite of steep tariffs imposed by the Trump administration on imports from the country, The Wall Street Journal reported on Thursday.

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America’s biggest auto maker GM to defy Trump tariffs, will import EV batteries from China

Despite the heavy 80% duties on Chinese batteries, the largest American automaker, General Motors (GM), will continue to import and use them in its vehicles.

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GM to import EV batteries from China's CATL, source says

General Motors will import electric vehicle batteries from Chinese battery giant CATL, a source familiar with the matter told Reuters on Thursday. The arrangement is a stopgap for GM in the next couple of years as it works to manufacture its own lower-cost batteries made with lithium iron phosphate (LFP) chemistry,

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Whitmer told Trump in private that Michigan auto jobs depend on a tariff change of course

Just getting the meeting last Tuesday with the Republican president was an achievement for someone viewed as a contender for ...

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GM quarterly profit slumps 35%, but it sticks by full year outlook that was lowered in May

General Motors’ profit and revenue declined in its second-quarter but the automaker’s results managed to easily top Wall ...

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GM's $1B tariff loss spells doom for U.S. consumers

King Charles' Royal Residence Announces Closure with Warning: 'Stay Safe Everyone' Immigrants who are crime victims and ...

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Recent Trade Deal Throws Curveball to Ford and GM

While investors are hoping for more trade deals to avoid tariffs, one recent deal might be bad news for automakers.

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Trump tariffs take $1-billion bite out of GM earnings, shares fall

General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst ...

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Carmakers are feeling tariff pain: GM is the 2nd company to take a hit to profits

For now, despite a tariff of 25%, GM is still importing vehicles it makes in South Korea, including some of its most affordable models. "They're very much in demand," CEO Mary Barra told investors ...

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What Caused GM's Dramatic 35% Drop in Net Income?

The tariffs weighed on GM's bottom line in its most important market, North America. North American pre-tax profit dropped 46 ...

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GM latest automaker to see tariff effects, says it took $1.1B hit last ...

GM saw net income fall to about $1.9 billion last quarter, it announced on Tuesday, down from $2.9 billion a year earlier. The automaker noted the effect of tariffs, “reflecting minimal ...

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Ford Revises Tariff Hit Estimate Again – And It’s Not Pretty

Despite record revenue, Ford posted a Q2 loss, citing a massive tariff hit. We break down the automaker's new, ...

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GM's Earnings Top Estimates, But Automaker Warns of Larger Tariff Hit in Second Half

General Motors shares tumbled Tuesday after the Big Three automaker posted second-quarter results above analysts' estimates, ...

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