Tech
Why GM Says Its Ultium Batteries Will Lead It To EV Dominance
General Motors says it wants to lead EV sales in North America by 2025, and vows that its new Ultium battery platform will drive that dominance. But what makes GM’s EV battery and motor technology different from competitors, including industry leader Tesla?
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Why GM Says Its Ultium Batteries Will Lead It To EV Dominance
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CNBC Marathon explores how Tesla, Rivian and Dodge’s new electric vehicles are transforming the automotive industry.
Over the past decade, Dodge has dug deep into its performance car heritage and become a brand known for brash American muscle cars with supercharged V-8 engines and ridiculous amounts of horsepower. But tightening regulations, rising fuel prices and the rise of the SUV are putting the squeeze on Dodge’s so-called “brotherhood of muscle.” It recently debuted the Charger Daytona SRT EV, an electric car that looks a lot like its popular supercharged Challenger and Charger. Will Dodge fans or EV buyers want it?
Five years after Elon Musk first announced the Tesla Semi, it’s finally hitting roads. CNBC visited Pepsi’s Frito-Lay facility in Modesto, California, where it is using the new electric trucks, to see whether the Semis live up to the hype.
A new electric vehicle company hopes to take on Tesla with its outdoor adventure trucks and SUVs. And its deal with Amazon to build 100,000 electric delivery vans could help it succeed. Founded in 2009, Rivian is focusing on upscale electric trucks and SUVs with an emphasis on outdoor adventure. CNBC’s John Rosevear calls them the “Patagonia of electric vehicles.” Last month, Rivian and Amazon rolled out the first of the electric vans. They are starting to deliver packages in a handful of cities, including Seattle, Baltimore, Chicago and Phoenix.
After manufacturing’s 40-year cycle of decline in the U.S., officials in Washington are trying to bring it back. This move could be a boom or bust for huge swaths of the American Midwest. This region once dominated the auto industry before rising global trade and automation sent domestic manufacturing employment into a tailspin. U.S. leaders hope that new laws such as the Inflation Reduction Act of 2022 will help businesses create the green manufacturing jobs of the future.
Chapters:
00:00 — Introduction
00:48 — Will Dodge’s Electric Muscle Car Satisfy Its Die-Hard Fans? (Published October 2022)
15:31 — Does The Tesla Semi Live Up To The Hype? (Published February 2023)
31:33 — How Amazon Is Giving Rivian An Edge In The EV Industry (Published August 2022)
44:50 — How Electric Vehicles Will Change The Midwest Economy (Published September 2022)
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How Car Makers Are Switching To EVs | CNBC Marathon
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Lowered compliance costs, greater control over products, more big engines, more pickup trucks. These are just some of the changes investors expect from the rollback of fuel economy rules and the elimination of fines. Data indicate pent up demand for pickup trucks, and many automakers are bringing back V-8 engines. At the same time, hybrid vehicles are surging, and electric vehicles have longer term structural demand in their favor.
Chapters:
0:00 Introduction
01:23 Chapter 1: New rules
03:01 Chapter 2: Why this matters
04:52 Chapter 3: Challenges
06:22 Chapter 4: Fuel efficiency
Produced by: Robert Ferris
Edited by: Darren Geeter
Camera by: Ryan Baker
Animation: Jason Reginato, Emily Park
Senior Managing Producer: Tala Hadavi
Additional footage: Getty Images, Ford, GM
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Why Fuel Economy Rollbacks Will Spur More Trucks, More V-8 Engines
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U.S. chip manufacturing faces a shortage of up to 157,000 skilled workers by 2030, a matter of concern for companies like Samsung.
Schools including Purdue and Arizona State have new semiconductor degree programs, and all the biggest chipmakers are investing millions to create pipelines of U.S. chip talent.
CNBC’s Katie Tarasov has the details. Watch the related video for full report.
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CNBC’s Michael Wayland takes a first look at electric vehicle startup Slate Auto’s modular $25,000 pick up trucks. The cars are affordable and basic, with features that buyers can customize. That includes turning the truck into an SUV. The vehicles had more than 150,000 refundable reservations before their release, despite waning consumer demand in EVs in the U.S. The company is about to find out if the truck can disrupt the market.
Reporting by: Michael Wayland
Produced and Camera by: Natalie Rice
Edited by: Darren Geeter
Senior Managing Producer: Tala Hadavi
Additional Footage: Slate Auto
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About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
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CNBC Takes A First Look At Slate Auto’s $25,000 Modular Cars
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AI data centers are driving unprecedented demand for electricity and putting renewed pressure on America’s power grid to modernize its equipment and develop greener, more efficient sources of power. Google, Meta, Microsoft and Amazon are all spending millions of dollars on local infrastructure upgrades and companies like SpaceXAI are even building off-grid power plants to power their data centers.
Google says its planned 780-megawatt data center in Pine Island, Minnesota, could offer a model for powering the AI boom. In a proposed agreement with Xcel Energy, Google says it will support 1,900 megawatts of new wind, solar and battery capacity, while minimum payments and exit fees are intended to protect local ratepayers if demand falls short.
CNBC examines whether projects like Pine Island can make the grid cleaner without shifting costs to existing customers, why some energy experts argue that smaller data centers could make better use of infrastructure already in place, and how utilities’ financial incentives can complicate efforts to build less.
Chapters:
0:00 – 2:06 Introduction
2:07 – 4:49 Off-grid solutions
4:50 – 9:00 Upgrading the grid
9:01 – 11:44 Smaller data centers
Produced by: Jeffrey Kopp
Senior Director of Video: Jeniece Pettitt
Tech Correspondent: MacKenzie Sigalos
Edited by: Erin Black, Matt Soto
Camera: Donny Rowles
Animation: Jason Reginato, Emily Park
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About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
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The Race To Power AI Is Reshaping America’s Electric Grid
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@chillfluencer
January 5, 2024 at 11:46 am
Only Chinese, South Korean BEVs and Teslas are worth mentioning. CNBC mentioing legacy auto trash is clearly the result of ad revenue.
@deltaskyhawk
January 5, 2024 at 11:46 am
This did not age well!
@sjimenez187
January 5, 2024 at 11:46 am
This didn’t age well 😂
@ronizzard1970
January 5, 2024 at 11:46 am
Making them with LG? In Australia we have just had a massive safety recall on LG ESS batteries as they have been the cause of numerous house fires 🙁
@brandonmyers3860
January 5, 2024 at 11:46 am
GM cant even build a reliable ICE. Get your EV from Tesla or you'll regret it later, they have it nearly perfected..
@symcodm1488
January 5, 2024 at 11:46 am
All ev companies need to do is make a spear battery when one dies I have a extra battery to replace that way I don’t have wait hours for charging?
@robertherman1146
January 5, 2024 at 11:46 am
LOL Guess this didn't go anywhere…..
@mintheman7
January 5, 2024 at 11:46 am
Watching this as GM/LG recall the Bolt EV battery due to risk of fire.
@jpen5599
January 5, 2024 at 11:46 am
0 future MORE OR LESS.
@darrendifranceisco9923
January 5, 2024 at 11:46 am
They stole this dude's patent and shelfed it . Watch "Who killed the electric car"
@AFortaj
January 5, 2024 at 11:46 am
With their CTO quitting, it means this Ultium battery is just a pipe dream.
@katie195
January 5, 2024 at 11:46 am
Isn’t that odd. I’ve heard much differently. When I think battery powered vehicles … I think about my DeWalt 20 volt battery circular saw. On. Then dead battery. Fortunately I only have to swap out tho battery and I’m good to go. If I’m between destinations …. I’m screwed or sitting on the edge of a parking lot at night charging my nifty “green” car.
@Shagwyre
January 5, 2024 at 11:46 am
This DID NOT age well
@Psycandy
January 5, 2024 at 11:46 am
Tesla delivered their first EV when Obama was president. Its clear that GM is reluctantly and belatedly entering the EV market now that EVs dominate in China. ?. One year later, the GM dominance predicted here is entirely eclipsed by startups, while GM ICE US market shows litle decline.
@DELTAFORCE3
January 5, 2024 at 11:46 am
My take on that china sell 1,999 before one car leave America
@DELTAFORCE3
January 5, 2024 at 11:46 am
It's looks like it's only the US need car OK
@JohnnyJohns-eb9qb
January 5, 2024 at 11:46 am
Yep, you can count on what GM has to say. Almost as much as you can count on NBC.
@spaghettiracing9660
January 5, 2024 at 11:46 am
this skateboard type of universal platform was anounced about 12 yrs ago…..
@EnriqueThiele
January 5, 2024 at 11:46 am
By 2035. Everyone knows that by2028 the ICE vs ev will be over, since EV will acount for more than 50% at the end of 2026. By 2028 more than 90%+ will be electric. Any manufacturer below 65% ev offering will be under bankrupcy.
@EnriqueThiele
January 5, 2024 at 11:46 am
Ultium platform is a failure. GM anounced maybe a month back theat the 4680 form factor is superior to ultioum, and they will switch to 4680 LFP batteries.
@EnriqueThiele
January 5, 2024 at 11:46 am
There is no way GM will lead the EV industry. There is only one global leader, and as today sell abot 10X what GM can sell. Also has huge profits on ev's while GM has only loses. Starts with a T, and ends with an A, in the middle there are 3 letter ESL. Simple and accurate.
@JakesOnline
January 5, 2024 at 11:46 am
Wrong. The 2014 Spark EV was GM's first EV after EV1. 9:22
@LetsGoBrandon2U2
January 5, 2024 at 11:46 am
All the "ingredients", once upon a time, car ingredients were AUTO PARTS.
@LetsGoBrandon2U2
January 5, 2024 at 11:46 am
"Zero congestion" fore the GM CEO before implosion.
@ranapratapsingh3416
January 5, 2024 at 11:46 am
Just a propaganda. No information is known so far on how this is a improved battery.
@rockymtnmovies
January 5, 2024 at 11:46 am
I love that this woman is CEO. Finally not a dumb privileged white guy. And she is going all out on EV production. So smart.
@hachuljeong957
January 5, 2024 at 11:46 am
Now what?????
Is GM leading EV market???????
LOL 😂
@bradleyhasse5220
January 5, 2024 at 11:46 am
GM is underestimated
@ThreePhaseHigh
January 5, 2024 at 11:46 am
Of course, general motors can mess around electric vehicles they don’t even exist anymore. They went, broke on their ass . But the US government and the American taxpayer said no we don’t want that. Here is billions of dollars for you to stay in business. So they know they can mess around with Electric vehicles because Uncle Sam is got the cash to keep them going and Uncle Sam plans on spending $50 trillion which they will get a lot of. But Ford (the only American car company left in business today) they are not nearly as excited about electric vehicles. They know without billions from the taxpayer electrical vehicles just can’t be made. And they probably know what a crock of 💩 global warming is. Excuse me climate change..
@Farley5927
January 5, 2024 at 11:46 am
Here we are a year later and they have delivered about 4,000 total ultium vehicles. Vaporware.