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The Latest Breaking News from BrightDrop

GM Absorbs BrightDrop Commercial EV Unit, CEO To Leave

Nothing will change from a manufacturing standpoint, GM said, as it "remains committed to scaling BrightDrop Zevo production."

InsideEVs

BrightDrop Delivers First Electric Vans To Ryder's Rental Fleet

Neither BrightDrop nor Ryder said how many Zevo 600 vans were in the first batch delivered to four Ryder facilities in California, Texas, and New York.

InsideEVs

GM To Idle Plant That Makes Brightdrop Electric Vans Until Spring 2024

The production halt is caused by delays in the delivery of needed Ultium battery modules that power the BrightDrop Zevo 600 and Zevo 410 electric vans.

InsideEVs

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BrightDrop Enters Mexico With Zevo 600 And Zevo 400 Electric Vans

General Motors' BrightDrop announced that is adding Mexico as the next country - following the United States and Canada - to receive its all-electric vans.

InsideEVs

GM Resumes Production Of BrightDrop Zevo 600 Electric Vans In Canada

Production of the BrightDrop Zevo 600 electric delivery van is back on track after GM has resumed the supply of Ultium batteries to the CAMI Assembly plant.

InsideEVs

GM Shuts Down CAMI EV Plant Amid Ultium Battery Shortage

The unexpected decision is reportedly due to a "raw material bottleneck" that is preventing GM from building as many Ultium batteries as it needs.

InsideEVs

BrightDrop Delivers First 50 Zevo 600 Electric Vans In Canada

The Canadian-made Zevo 600 vans are part of a larger agreement between FedEx and BrightDrop that will see the former take delivery of a total of 2,500 vehicles.

InsideEVs

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BrightDrop Produced Over 500 Electric Vans At CAMI Assembly In Q1 2023

BrightDrop announced that during the first quarter of 2023, it produced more than 500 Zevo 600 all-electric vans at the CAMI Assembly plant in Ontario, Canada.

InsideEVs

EV Built On GM's BrightDrop Van Is Luxury Hotel On Wheels

RollAway is advertising its converted GM BrightDrop electric van as "a one-of-a-kind luxury accommodation" with five-star amenities and features built right in.

InsideEVs

Meet the chief engineer behind BrightDrop, GM's newest brand

WARREN, Michigan — From the moment she started her career at General Motors Co., Kathy Gillespie never feared the unknown.

Tribune News Service

The 4 Best Stocks Warren Buffett Has Bought and Sold

While speculators were fueling bouts of market volatility with panic-driven sell-offs, legendary investor Warren Buffett doubled down on his playbook to load up on growing businesses with enduring competitive advantages. Under his leadership, Berkshire Hathaway (BRK) increased its stake in Taiwan Semiconductor Manufacturing (TSM) and Activision Blizzard (ATVI) while lightening…

StockNews.com

1 Auto Stock It's Time to Get Bullish on Now

Despite the economic headwinds, auto major General Motors (GM) is in hot pursuit of its ambitious electric mobility goals. Moreover, it has the financial discipline and management quality to survive near-term market challenges and expand its EV portfolio. Given its strong fundamentals and attractive valuation, GM might be a great…

StockNews.com

BrightDrop Zevo 600 Enters Production In Canada, Finds First Buyer

Scaled production is expected to begin with the Zevo 600 in January 2023 and Zevo 400 in late 2023; GM expects to make 50,000 vans yearly at the plant by 2025.

InsideEVs

GM's BrightDrop to make vans for DHL Express Canada, starts Ontario production

INGERSOLL, Ontario — General Motors Co.'s BrightDrop electric delivery vehicle company is adding DHL Express Canada logistics company as a customer, the automaker said Monday.

Tribune News Service

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Tribune News Service

GM tells investors its EV business will deliver profits by 2025

General Motor Co.'s electric vehicle portfolio will be profitable by 2025, executives told investors Thursday in New York, delivering what it called low- to mid-single-digit adjusted margins to the bottom line.

Tribune News Service

GM startup BrightDrop projects $1 billion in revenue next year

BrightDrop, a General Motors Co. startup, focused on offering electric delivery options, told investors on Thursday it's on track to reach $1 billion in revenue in 2023.

InsideEVs

GM Unit BrightDrop Debuts Electric Cart For Hauling Groceries

Built on BrightDrop's Trace Platform, the temperature-controlled Trace Grocery is said to streamline order fulfillment and pickup for online grocery purchases.

The Independent UK

Hertz to order up to 175K GM electric vehicles over 5 years

Hertz plans to order up to 175,000 Chevrolet, Buick, GMC, Cadillac and BrightDrop electric vehicles from General Motors over the next five years

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Tribune News Service

GM's BrightDrop electric cart will appear in Kroger stores for grocery pickup

BrightDrop, the General Motors Co. business focused on delivery and logistics, is introducing the eCart, a new product that will help streamline online grocery order fulfillment, the company says.

The Street

GM Delivers EV That Others Have Problems Bringing to Market

General Motors is delivering an electric vehicle that rivals are having problems producing.

Benzinga

FedEx Takes 150 Electric Vehicle Delivery From BrightDrop; More To Come

FedEx Corp (NYSE:FDX) has received its first 150 electric delivery vehicles from BrightDrop, the technology startup from General Motors Co (NYSE:GM) decarbonizing last-mile delivery. The move marks a crucial milestone for FedEx, which plans to transform its entire parcel pickup and delivery (PUD) fleet to all-electric, zero tailpipe emissions by 2040. "In just under…

InsideEVs

GM's BrightDrop Delivers First 150 Zevo 600 Electric Vans To FedEx

The first 150 BrightDrop Zevo 600s were delivered throughout Southern California to FedEx Express, one of the world's largest express transportation companies.

Tribune News Service

GM starts preparing CAMI facility to be Canada's first EV plant

Construction to prep Canada's first full-scale electric vehicle manufacturing plant is now underway at General Motors Co.'s CAMI plant in Ingersoll, Ontario.

InsideEVs

BrightDrop And FedEx Set New Guinness World Record

BrightDrop announced that in collaboration with FedEx, has set a new Guinness World Record title for greatest distance traveled by an electric van on a charge.

Motor1

GM Adds Third Shift At Canada Plant For Chevy Silverado Production

GM is also investing in its Ingersoll plant to build BrightDrop electric commercial vehicles.

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