GM will use a wireless system to manage its Ultium electric car batteries

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General Motors Co Chief Executive Mary Barra has reeled off two significant deals in the past week in response to investor concerns the No. 1 U.S. automaker is stuck in neutral while Tesla Inc and other electric vehicle makers are leaving legacy automakers behind. A 10% jump in GM’s shares on Tuesday helped the stock top its post-financial crisis 2010 initial public offering of $33. On Tuesday, GM announced a deal to take an 11% stake in and build electric pickup trucks for Nikola Corp, as wel

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GM will use a wireless system to manage its Ultium electric car batteries originally appeared on Autoblog on Wed, 9 Sep 2020 10:09:00 EDT. Please see our terms for use of feeds.

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