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GENERAL MOTORS COMPANY

(GM)
  Report
Delayed Nyse  -  04:00 2022-12-06 pm EST
38.02 USD   -1.99%
02:39pUAW calls on automakers to move supply chain out of Xinjiang region
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12/05Tesla Shanghai’s November Deliveries Top 100,000
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12/05General Motors' Unit BrightDrop Signs Contract with DHL Express Canada for EV Delivery Vans
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GM Defense to Develop Battery Technology for Defense Department

10/06/2022 | 12:39pm EST

By Kathryn Hardison


GM Defense, a subsidiary of General Motors Co., has been selected to develop a battery pack prototype for testing and analysis on Department of Defense platforms.

The company will leverage GM's battery technology to create a scalable design for the Defense Innovation Unit that can be used for tactical military vehicles, the company said Thursday.

The Defense Innovation Unit is an organization under the Department of Defense that accelerates the adoption of commercial technology across the U.S. military.

GM's most advanced battery technology, the Ultium Platform, is a combined electric-vehicle battery architecture and propulsion system that can deliver power, range and scale, it said.


Write to Kathryn Hardison at kathryn.hardison@wsj.com


(END) Dow Jones Newswires

10-06-22 1238ET

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Analyst Recommendations on GENERAL MOTORS COMPANY
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Financials (USD)
Sales 2022 154 B - -
Net income 2022 9 182 M - -
Net cash 2022 9 130 M - -
P/E ratio 2022 6,21x
Yield 2022 0,44%
Capitalization 54 015 M 54 015 M -
EV / Sales 2022 0,29x
EV / Sales 2023 0,26x
Nbr of Employees 157 000
Free-Float 95,0%
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Technical analysis trends GENERAL MOTORS COMPANY
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 23
Last Close Price 38,02 $
Average target price 50,98 $
Spread / Average Target 34,1%
EPS Revisions
Managers and Directors
Mary Teresa Barra Chairman & Chief Executive Officer
Mark L. Reuss President
Paul A. Jacobson Chief Financial Officer & Executive Vice President
Fred Killeen Chief Information Officer
Kent E. Helfrich CTO, Vice President-Global Research & Development
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