#ev-market-demand

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fromInsideEVs
2 days ago

GM Is Partially Shutting Down GMC Hummer EV And Cadillac Escalade IQ Production

The automaker will shut down first- and second-shift production of the GMC Hummer EV and Cadillac Escalade IQ between Labor Day and October 6, as the Detroit Free Press first reported. A GM spokesperson said the move, which is temporary, will help the company align production to match demand. "Factory Zero is making temporary adjustments to production to align to market dynamics," the spokesperson said.. "General Motors updates schedules as part of our standard process of aligning production to manage vehicle inventory."
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fromInsideEVs
6 days ago

'Not Economically Viable': Porsche Cancels Plans For In-House Battery Production

Porsche halted plans to produce its own high-performance EV battery cells and shifted Cellforce to R&D because production lacked economic viability and sufficient scale.
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