GM

The new forecast is nearly double the $110 billion projected in May, according to consulting firm AlixPartners.

GM said it will launch a new skill for Amazon Alexa that allows customers to connect with OnStar emergency-certified advisors by saying, “Alexa, call for help.”

The agreement is the latest indication automakers are taking steps to address the supply of raw materials needed to manufacture batteries for electric vehicles.

As GM works to fix problems that have caused Bolts to catch fire, it’s also attempting to ensure the issues don’t happen in its next-generation EVs.

The new model features a freshened exterior design, increased ground clearance and other off-road features such as upgraded tires and a heavy-duty skid plate.

GM said Monday it expects to begin replacing battery modules in Chevrolet Bolt EVs, which were recalled due to fire risk, as soon as next month.

U.S. stock futures fell Friday, marking a key date that has historically ushered in a tough stretch on Wall Street.

These are the stocks posting the largest moves before the bell.

Ford Motor is increasing production capacity for its upcoming F-150 Lightning pickup as it begins building prototypes of the electric vehicle.

U.S. stock futures were flat Thursday after stronger-than-expected retail sales data.

The warning follows GM recalling more than 140,000 of the EVs due to the risk of batteries spontaneously catching fire.

The companies will use Ford Escape hybrids with Argo AI technology for Walmart deliveries in Miami, the District of Columbia and Austin, Texas.

Rivian CEO RJ Scaringe tweeted that the company’s first R1T pickup for customers drove off the assembly line Tuesday morning at its plant in Normal, Illinois.

NHTSA plans a comparative analysis between the driver assistance systems Tesla and its competitors offer.

The comments were made ahead of the EV incentive package being discussed Tuesday by the House Ways and Means Committee.

Mike Amend, who was most recently president of online for Lowe’s, will oversee Ford’s data, software and technology, effective immediately.

Despite the increased impact from the global chip shortage, GM CFO Paul Jacobson said the company is maintaining its guidance for 2021.

The new law could be a shot in the arm for automakers selling or planning electric vehicles

The plant has been shuttered since Aug. 23 as a result of a battery pack shortage related to the recall.

Ford has two vehicle and engine plants – Chennai and Sanand – in the country that employ thousands of people.