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GM Stock Value Slips December 14 - December 18, 2020

Meanwhile, electric vehicle startup Lordstown Motors recently began publicly trading on the NASDAQ as “RIDE.” This could seem favorable to investors, as GM previously announced it would invest $75 million into the EV startup, including $25 million in cash, and $50 million in production plant assets permits. The General also recently announced that it was investing further in Yoshi, an on-demand car maintenance startup company.
General Motors Ventures also invested in Envisics, a U.K.-based startup developing augmented reality (AR) technology for automotive applications. GM believes the tech may find a place in the automaker’s upcoming all-electric vehicles, such as the Cadillac Lyriq. In further tech news, GM recently announced it was opening a dedicated 3D printing center in Warren, Michigan to explore the technology’s production potential. What’s more, GM announced that its robo taxi division, GM Cruise, was now testing fully autonomous vehicles on the streets of S ....

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GM Stock Value Drops December 7 - December 11, 2020

Meanwhile, electric vehicle startup Lordstown Motors recently began publicly trading on the NASDAQ as “RIDE.” This could seem favorable to investors, as GM previously announced it would invest $75 million into the EV startup, including $25 million in cash, and $50 million in production plant assets permits.
Other recent developments that may be influencing the value of GM stock include GM appointing Paul Jacobson to the role of CFO and executive Vice President. Additionally, General Motors Ventures‘ new interest in Envisics, a U.K.-based startup developing augmented reality (AR) technology for automotive applications. GM believes the tech may find a place in the automaker’s upcoming all-electric vehicles, such as the Cadillac Lyriq. On a somewhat related note, The General and its autonomous driving subsidiary, Cruise, will soon apply for an exemption that will allow it to begin testing vehicles without a steering wheel or pedals on public roads in the United States. ....

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