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General Motors Company (GM) Management Presents at Deutsche Bank AutoTech Brokers Conference (Transcript)
2021-12-09 17:17
Summary of General Motors Company (NYSE: GM) at Deutsche Bank AutoTech Conference Industry and Company Overview - **Company**: General Motors Company (GM) - **Industry**: Automotive, specifically focusing on electric vehicles (EVs) and advanced driving technologies Key Points and Arguments Electrification Platform - GM is launching its first product from the Ultium platform, the HUMMER EV, followed by the Cadillac Lyriq and more models to come [4][5] - The Ultium platform is described as vertically integrated, with GM taking significant control over the supply chain [4] - GM aims to create a North America-based supply chain footprint to enhance control and efficiency [5] Software Platform - GM is introducing a new software platform called Ultifi, which separates customer functionality from the physical vehicle controls [6] - This platform allows for greater flexibility in adding and managing features, reducing the number of physical controllers needed [6][7] Assisted Driving Technology - GM is expanding its assisted driving technology, with Super Cruise already in the market and Ultra Cruise set to launch soon [8] - The company is also developing a fully autonomous platform referred to as San Francisco Cruise [8] Supply Chain Improvements - GM has seen an easing of semiconductor supply chain restrictions, improving its outlook for Q4 and beyond [10][11] - The company has strengthened relationships with suppliers, particularly Tier 3 and Tier 4 semiconductor producers [13] - GM is implementing a de-proliferation strategy to simplify its semiconductor supply chain, focusing on three primary MCU families [15] Electric Vehicle Strategy - GM plans to produce over 1 million EVs annually by 2025, with a focus on high-volume models [29][39] - The company emphasizes the importance of a range of at least 300 miles for mass EV adoption [31] - Upcoming models include the HUMMER SUV, Cadillac Lyriq, and a $30,000 Equinox-size EV with over 300 miles of range [32][35] Raw Material Sourcing - GM is securing a North American supply chain for raw materials needed for battery production, including lithium and nickel [37][39] - The company aims to reduce cobalt usage in its batteries by 70% compared to previous models [40] Battery Technology - The Ultium battery technology differs from the Bolt, featuring larger pouch cells and a better balance of chemistry [43] - GM is focusing on in-house battery design and manufacturing to avoid past issues with battery quality [44][46] Advanced Driving Technologies - GM plans to roll out Super Cruise on 22 new models by 2023, with high customer satisfaction reported [51] - Ultra Cruise will allow for more autonomous driving capabilities, with a focus on safety and driver oversight [53] Future Outlook - GM is targeting commercial deployment of its Cruise technology next year, with significant milestones expected [56] - The integration of Cruise with GM's overall strategy is seen as a way to create substantial value [57] Other Important Insights - GM is actively addressing the pressures faced by Tier 1 suppliers due to current market volatility [25][28] - The company is committed to maintaining strong relationships with its suppliers while adapting to new market conditions [26][27] - GM's approach to EVs and advanced technologies is characterized by a focus on scalability, efficiency, and customer satisfaction [31][32][33]
GM(GM) - 2021 Q3 - Earnings Call Transcript
2021-10-27 17:23
General Motors Company (NYSE:GM) Q3 2021 Earnings Conference Call October 27, 2021 10:00 AM ET Company Participants Mary Barra - CEO Rocky Gupta - Treasurer and Vice President of Investor Relations Paul Jacobson - CFO Dan Berce - President of GM Financial Conference Call Participants Dan Levy - Credit Suisse Rod Lache - Wolfe Research Joseph Spak - RBC Capital Markets Brian Johnson - Barclays Itay Michaeli - Citi Colin Langan - Wells Fargo Daniel Ives - Wedbush Adam Jonas - Morgan Stanley John Murphy - Bank ...
General Motors Company's (GM) Management Presents at Benzinga Electric Vehicles Brokers Conference (Transcript)
2021-09-22 15:59
General Motors Company (NYSE:GM) Benzinga Electric Vehicles Conference September 22, 2021 9:05 AM ET Executives Alan Wexler - Senior Vice President, Innovation & Growth Analysts Spencer Israel - Executive Producer, Benzinga Grant Sabatier - Founder, Millennial Money Spencer Israel Good morning, everybody. Welcome to EV-Con, Benzinga's EV Conference. This is an all day event dedicated to all the happenings, all the things going on in the electric vehicle landscape. We put the call out back in the spring. And ...
General Motors Company's (GM) Management Presents at 2021 RBC Capital Markets Global Industrials Conference (Transcript)
2021-09-10 16:59
General Motors Company (NYSE:GM) 2021 RBC Capital Markets Global Industrials Conference September 10, 2021 9:20 AM ET Company Participants Paul Jacobson - Executive Vice President & Chief Financial Officer Conference Call Participants Joseph Spak - RBC Capital Markets Joseph Spak Analyst here at RBC Capital Markets. Welcome to Day 2 of our Global Industrials Conference. We're very pleased to have with us General Motors. From GM we have CFO, Paul Jacobson. The format for this session is fireside chat. We've ...
GM(GM) - 2020 Q3 - Quarterly Report
2020-11-05 20:09
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34960 GENERAL MOTORS COMPANY (Exact name of registrant as specified in its charter) Delaware 27-0756180 (State or other jurisdiction of i ...
GM(GM) - 2020 Q2 - Quarterly Report
2020-07-29 19:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | --- | --- | --- | |----------------------------------------------------------------------------|----------------------------------------------------------| ...