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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.

Cryptopolitan on MSN · 1d

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,

1hon MSN

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

Michigan's governor met privately with President Trump to urge him to change course on tariffs that are having a big impact ...

18don MSN

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 ...

1don MSN

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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GM reports massive profit loss due to Trump's destructive tariff war

The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported ...

17don MSN

GM Profit Shrinks After $1.1 Billion Tariff Hit

General Motors’ net income shrank 35% in the second quarter despite strong sales gains.

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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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General Motors' Q2 profits drop $1.1B after taking tariff hit

General Motors said July 22 that tariffs could eventually cost the company $5 billion before the end of the year.

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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 ...

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S&P 500 notches record-high close; GM slumps as tariffs bite

The S&P 500 eked out a record-high close on Tuesday, following steep losses in General Motors and a gain in Tesla as investors focused on recent and upcoming quarterly reports and watched for signs of ...

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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, ...

GM Authority1d

Trump Tariffs To Significantly Cut UAW Worker Profit-Sharing Checks

Import tariffs implemented by the Trump administration are expected to significantly reduce profit-sharing payouts for UAW ...

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