AI is driving down the price of knowledge – universities have to rethink what they offer 
The Beauty Beneath the Expressway: A Journey from Self to Service 
SpaceX IPO Hype Raises Questions as Many Major Stock Debuts Underperform Market 
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
Want to cut your energy bills? Here’s how five experts are doing it 
Synopsys Q2 FY2026 Earnings Beat Driven by AI and Semiconductor Demand 
European EV Sales Surge in April 2026 as Tesla and Chinese Automakers Gain Ground 
SQM Q1 Profit More Than Doubles as Lithium Prices Surge 
PDG Explores $1 Billion Sale of China Data Center Assets 
S&P 500 Hits Record High as Tech Rally Slows Amid Iran Peace Uncertainty 
SpaceX Starship V3 Test Flight Boosts IPO Momentum Ahead of Historic Market Debut 
Gold Prices Edge Higher as Markets Monitor U.S.-Iran Peace Talks 
Boeing Wins Fraud Lawsuit Over 737 MAX Filed by LOT Polish Airlines 
U.S. Launches New Strikes on Iran as Trump Signals Peace Deal Uncertainty 
U.S.-Iran Talks May Take Days as Oil Prices React to Strait of Hormuz Tensions 
Huawei Chip Breakthrough Sparks Rally in Chinese Semiconductor Stocks 
CTOC Goes Live on Bitget Wallet Trading, Expanding Global Access to AI-Powered Healthcare Data Ecosystem 
General Motors (GM) is grappling with significant delivery issues despite a surge in U.S. vehicle demand, per North American president Rory Harvey. Amidst the company's struggle with post-pandemic logistics, GM stays hopeful about the growth of its latest electric models, the Hummer EV and Cadillac Lyriq. In a parallel stride towards innovation, GM acquired Israel-based battery software startup ALGOLiON to enhance its electric vehicle battery performance.
However, the automaker faces outbound logistics challenges, particularly in shipping vehicles to dealers, whether by truck or rail, in the aftermath of the COVID-19 pandemic. Harvey expressed the company's desire to improve availability at dealerships and expedite the delivery of units from their manufacturing plants.
When questioned about lower-than-expected sales and dealer inventories of the GMC Hummer EV and Cadillac Lyriq, GM's newest electric vehicles, Harvey declined to attribute the issues to problems with Ultium batteries. He mentioned that these models have been produced in limited quantities but emphasized that momentum is building.
Harvey expects a step change in terms of the performance of these models in the second half of the year, building upon the growth seen in May and June. Notably, GM reports U.S. vehicle sales every quarter, selling only 1,348 Lyriqs and 47 Hummers in the second quarter.
In addition to these updates, General Motors recently acquired ALGOLiON, an Israel-based battery software startup, to augment its battery development initiatives. ALGOLiON's advanced algorithms utilize EV battery management system data streams to detect subtle performance changes, enabling effective vehicle health management and early identification of battery hazards, including overheating.
Boosted by this acquisition, GM's continued efforts to meet demand and address logistical challenges reflect its commitment to delivering high-quality vehicles to customers and furthering innovation in the electric vehicle sector.
Photo: GMC Pressroom
