General Motors stock skyrockets—profits surge as EVs electrify the market

General Motors stock skyrockets—profits surge as EVs electrify the market

General Motors (GM) has witnessed a significant boost in its stock price following its robust third-quarter 2024 earnings report. The automaker’s stock surged by 6.9% to reach $37.83 per share, driven by better-than-expected profit figures and promising advancements in its electric vehicle (EV) business. The latest earnings exceeded market forecasts, with the company posting an […]

Thacker Pass lithium project : Lithium Americas secures investment from GM

Thacker Pass lithium project : Lithium Americas secures investment from GM

American automotive manufacturer General Motors (GM) and Lithium Americas, a mining company, have joined forces to develop the Thacker Pass lithium project in Nevada. Situated in Humboldt County, the Thacker Pass lithium mine is anticipated to process a large scale of lithium, which can support the production of up to one million electric vehicles annually. […]