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GM General Motors Company

44.86
0.19 (0.43%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
General Motors Company NYSE:GM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.19 0.43% 44.86 45.545 44.505 45.03 10,046,012 01:00:00

General Motors to Make Electric Vehicle Units, Motors

16/09/2020 2:49pm

Dow Jones News


General Motors (NYSE:GM)
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By Allison Prang

 

General Motors Co. will make drive systems for its electric vehicles.

The company said three motors and five interchangeable drive units are going to power the company's electric vehicles. GM is going to develop, design and make the motors and units.

"Ultium Drive" -- the company's name for these units and motors -- is going to help GM make its vehicle portfolio totally electric, GM said.

 

Write to Allison Prang at allison.prang@wsj.com

 

(END) Dow Jones Newswires

September 16, 2020 09:34 ET (13:34 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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