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-0.000937060752772063 -0.00234265188193032 -0.00405434952366077 0.00265500546618775 0.000624707168514856 -0.006119006715602 -0.00140559112915815 0.00327971263470261
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Exclusive: GM to manufacture own 'family' of EV drive systems, motors [Yahoo! Finance News]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
The GM logo is pictured at the General Motors Assembly Plant in Ramos ArizpeBy Norihiko Shirouzu) - General Motors Co is set to announce plans on Wednesday to put into production an interchangeable "family" of electric vehicle EV) drive systems and motors, boosting manufacturing efficiencies as it transitions to a fully electric lineup.The move, which follows earlier GM initiatives on next-generation batteries, comes as the Detroit automaker looks to build a vertically integrated electric car business, comparable to Tesla, inside its ongoing operations.According to a GM media release viewed by , the automaker is set to announce that it has designed and plans to produce on its own five interchangeable drive units and three motors, which it calls the "Ultium Drive" system.GM said its new electric drive systems, sometimes referred to as e-axles in the industry, will have a versatile enough power output to allow them to be used with vehicles ranging from beefy pickup trucks to performance Show less Read more
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