Berkshire Hathaway Unit, GM, EVgo Open First Stations In EV Fast Charging Network

RTTNews | 1055 hari yang lalu
Berkshire Hathaway Unit, GM, EVgo Open First Stations In EV Fast Charging Network

(RTTNews) - Pilot Travel Centers LLC, a majority owned unit of Berkshire Hathaway, said it has joined with auto major General Motors and EVgo Inc. to open the first 17 locations of their national electric vehicle fast charging network.

Under the partnership, the companies plan to open at least 25 Pilot and Flying J travel centers offering 100 fast charging stalls by the end of 2023 for convenient, accessible charging, while around 200 locations are targeted by the end of 2024.

In total, the network will include up to 2,000 high-power fast charging stalls at up to 500 Pilot and Flying J travel centers across the U.S.

The charging stalls, co-branded "Pilot Flying J" and "Ultium Charge 360", will be powered by EVgo eXtend and open to all EV brands.

In its Coast-to-Coast EV charging network, first stations are now available in 13 states. The network features an elevated charging experience, providing EV travelers access to the same amenities offered at existing Pilot and Flying J travel center locations. These include 24/7 amenities, including 350kW chargers, onsite staff monitoring and more.

EV travelers will be able to easily find available charging locations through GM's vehicle brand apps, Pilot's myRewards Plus app, the EVgo app, PlugShare and other applications designed for EV drivers.

Beginning in spring 2024, GM and Pilot Travel Centers will introduce exclusive benefits for GM drivers, including the ability to reserve a charger, and discounts on charging.

At Pilot and Flying J locations, all EV travelers can save with regular deals on food, beverages and merchandise available in the myRewards Plus app.

Pilot Travel Centers, the largest network of travel centers, along with GM, and EVgo, are joining with multiple public agencies and utilities, to grow the nation's public fast charging infrastructure.

Wade Sheffer, vice president of GM Energy, said, "As GM continues to advance its vision of an all-electric future, we're collaborating broadly to accelerate access to convenient charging at home and on the go, offering additional confidence to prospective single vehicle customers considering an EV. This new network will provide EV drivers with a quality charging experience and greater peace of mind during road trips."

As announced earlier, EVgo is also working with GM to add more than 3,250 fast chargers in American cities and suburbs by the end of 2025.

baca selengkapnya
GM Q3 Profit Surges, Revises FY26 Earnings View, Plans $20 Bln Buyback; Stock Drops

GM Q3 Profit Surges, Revises FY26 Earnings View, Plans $20 Bln Buyback; Stock Drops

Shares of General Motors Co. were losing around 6 percent in the pre-market activity on the NYSE after the automajor revised its fiscal 2026 earnings view, raising the lower end of range, but trimming the higher end. This was despite reporting strong growth in third-quarter earnings. The firm also announced a new $20 billion multi-year share repurchase program and declared quarterly dividend.
RTTNews | 6 hari yang lalu
GM Q2 Profit Down, Cuts FY26 Profit View, Lifts Adj. Earnings Forecast

GM Q2 Profit Down, Cuts FY26 Profit View, Lifts Adj. Earnings Forecast

General Motors Co. reported Tuesday lower second-quarter profit despite revenue growth. Further, the automajor trimmed fiscal 2026 outlook for net profit on a reported basis for higher adjustments, but raised adjusted earnings view for the second time this year. The firm also declared quarterly dividend.
RTTNews | 97 hari yang lalu
GM Q1 Results Down, Cuts FY26 Reported Earnings View, Lifts Adj. EPS Outlook

GM Q1 Results Down, Cuts FY26 Reported Earnings View, Lifts Adj. EPS Outlook

Automajor General Motors on Tuesday trimmed fiscal 2026 outlook for reported earnings, but lifted forecast for adjusted earnings to reflect tariffs impact, after reporting weak results in its first quarter. In the pre-market activity on the NYSE, General Motors shares were losing around 1.5 percent.
RTTNews | 181 hari yang lalu
GM Stock Gains As Q4 Adj. Profit Beats Market, Sees Growth In FY26, Plans $6 Bln Buyback

GM Stock Gains As Q4 Adj. Profit Beats Market, Sees Growth In FY26, Plans $6 Bln Buyback

Shares of General Motors Co. were gaining more than 4 percent in the pre-market activity after the automaker Tuesday reported fourth-quarter adjusted earnings above market estimates, and issued fiscal 2026 outlook, expecting significantly higher profit. Further, the company's Board declared higher dividend, and approved new $6.0 billion share repurchase authorization.
RTTNews | 272 hari yang lalu
GM Sees $7.1 Bln Charges In Q4 On EV Pullback, China JV Restructuring

GM Sees $7.1 Bln Charges In Q4 On EV Pullback, China JV Restructuring

General Motors has announced that its fourth-quarter results will reflect around $7.1 billion charges, mainly related to its pullback from electric vehicles or EVs amid the changes in U.S. policies, as well as restructuring costs related to China joint venture. The company expects to record charges of around $6.0 billion primarily in GM North America or GMNA primarily due to changes in EV...
RTTNews | 290 hari yang lalu
Today Is Warren Buffett's Last Day As CEO Of Berkshire Hathaway

Today Is Warren Buffett's Last Day As CEO Of Berkshire Hathaway

An era comes to an end as billionaire investor Warren Buffett is preparing to step down as Berkshire Hathaway Inc. Chief Executive Officer on December 31, 2025. As announced earlier, Buffett, who headed the Omaha, Nebraska-based conglomerate since 1965, will be succeeded by Greg Abel when he takes the reins on January 1, 2026. Buffett will remain the Chairman of the Board of Directors...
RTTNews | 299 hari yang lalu
GM Q2 Results Down, Yet Beat Market; Backs FY25 View; Shares Hit

GM Q2 Results Down, Yet Beat Market; Backs FY25 View; Shares Hit

Automajor General Motors Co. on Tuesday maintained its fiscal 2025 earnings outlook, after reporting weak profit and revenues in its second quarter. However, adjusted earnings and top line beat market estimates. In the pre-market activity on the NYSE, General Motors shares were losing around 3.7 percent.
RTTNews | 461 hari yang lalu