General Motors sparks buzz after bringing back popular model with game-changing upgrades: 'This is going to be a great vehicle'
In an interview, General Motors CEO Mary Barra confirmed that the Bolt EV is returning with some upgrades, including over 300 miles of range and a faster charging system. Production will begin in late 2025, and the car is expected to hit the market in 2026. It's part of GM's plans to reclaim ground from Tesla and meet the rising demand for cheaper, more accessible electric vehicles.
As reported by Electrek, the next-gen Bolt will use LFP (lithium-iron-phosphate) battery chemistry, which helps lower costs and extend battery life. The new Bolt will also adopt the North American Charging Standard, giving drivers access to Tesla's Supercharger network, which is a major convenience upgrade. On top of that, it's getting a refreshed design, updated lighting, and a quieter, smoother ride thanks to its fully electric motor.
Like most EVs, the Bolt will require less maintenance than gas-powered cars (no oil changes, no tailpipe), and drivers could save hundreds on fuel costs each year. EVs are also much cleaner to operate. An MIT study found that gas-powered cars produce around 350 grams of planet-warming gas pollution per mile over their lifetimes, while EVs produce just 200 even when powered by the average U.S. electric grid.
Some who are critical about making the switch to EVs point to the environmental impact of mining for EV battery materials, but the full picture tells the full story. The clean energy transition is estimated to require digging up 30 million tons of minerals per year, but we currently extract more than 16.5 billion tons of dirty energy annually. And while dirty energy gets burned and cannot be used again, battery materials can be reused or recycled.
Installing solar panels can also cut EV charging costs even more. Charging with home solar is much cheaper than relying on public stations or the power grid. EnergySage makes it easy to compare quotes from trusted and legitimate local installers and can help homeowners save up to $10,000 on a system.
As more automakers like General Motors roll out hybrid and electric options, EVs will be more affordable and practical for everyday drivers. If you want to start making a difference for both the environment and your personal bank account, making your next car an EV is a good place to start.
"Tesla has just about completely lost their head start. Now that the serious automotive players are in the market, the only way to succeed is to be a serious product-focused company. Fluff and filler will only work for so long," one commenter wrote under the Electrek report.
"I wish the Bolt well. GM knows how to manufacture vehicles. Now America needs to learn the advantages of EVs," another added.
"If they update the look, let it charge faster and keep the price low and competitive this is going to be a great vehicle," a third commenter and a current Bolt EUV owner wrote.
Would you be more willing to buy an EV if it could travel over 600 miles per charge?
Definitely
Not really
Depends on the price
Depends on the brand
Click your choice to see results and speak your mind.
Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
11 minutes ago
- Yahoo
Fundwell Acquires EveryStreet, Uniting Payments, Cash Flow and Capital in One Platform
NEW YORK, August 13, 2025--(BUSINESS WIRE)--Fundwell, a leading fintech platform providing fast, flexible, and transparent business financing, today announced the acquisition of EveryStreet, an innovator in accounts receivable (A/R), accounts payable (A/P), and flexible payment enablement. The acquisition brings EveryStreet's team, including co-founders Logan Shedd, Scott Priddy, and Kevin Park into the Fundwell organization to strengthen its technology and product offerings to businesses around the country. EveryStreet's platform is a one-stop shop for managing, distributing, and completing invoices, powered by an embedded checkout solution with a mix of payment and financing capabilities. The platform helps reduce A/R days, improve cash flow, and increase sales conversion, while integrating seamlessly with existing ERP and financial systems to make adoption and scaling simple. The addition of EveryStreet represents a pivotal step in Fundwell's evolution from a leading funding marketplace to a full-scale business growth platform. By combining Fundwell's extensive lender network and credit products with EveryStreet's A/R and A/P management platform, businesses will have the tools to not only access capital when needed but also to proactively manage their cash flow, bridging short-term needs and long-term financial health. "This acquisition is about more than adding new technology. When I think about the most successful outcomes we've created for our customers, it's always been about helping them get control of their entire cash flow picture," said Sruli Anatian, CEO of Fundwell. "EveryStreet gives us a powerful new capability to help businesses manage their receivables, unlock working capital, and even spread out payments on their invoices over time, marking a foundational step in building an end-to-end platform that advises, equips, and finances businesses for long-term success." As part of the acquisition, EveryStreet's technology will be seamlessly integrated into Fundwell's platform, enhancing its capabilities to help businesses get paid faster, access financing more efficiently, and gain greater control over their cash flow. This integration builds on Fundwell's mission to move beyond one-time funding transactions to deliver year-round financial tools that support sustainable business growth. "We founded EveryStreet to help vendors and retailers view their cash position in real-time, providing them with the clarity needed to plan ahead, control expenses, and maximize their profits," said Logan Shedd, Founder of EveryStreet. "For most businesses, cash flow isn't just a metric; it's survival, and by becoming part of Fundwell, we're making it simpler to understand and easier to act on." The acquisition also brings proven leadership and technical depth to Fundwell. Co-founder and CEO Logan Shedd has built a career at the intersection of payments and embedded finance, holding senior roles in lending, operations, and revenue strategy at companies like Octane Lending, ChargeAfter, and LendingClub. Scott Priddy, co-founder and CTO, is a veteran technologist with decades of experience leading architecture and engineering at fintech and payments leaders, including PayPal, Visa, Mastercard, Ally, Vyze, and BGenerous. Kevin Park, co-founder and CPO, combines product management expertise with a finance background from Wharton, having shaped and implemented strategy and market expansion for high-growth startups and Fortune 500 institutions, including Capital One and JPMorgan Chase & Co. Together with their engineering team in the U.S. and Europe, they strengthen Fundwell's ability to accelerate innovation and scale. Sruli Anatian emphasized that the move is not just about technology, but it's about expanding Fundwell's role in the financial lives of its business owners. "Businesses shouldn't only come to Fundwell when they're in urgent need of capital. They should be plugged into our platform year-round, getting insights on where their cash is coming in, where it's going out, and how to bridge the gaps before they become crises," he said. With the acquisition of EveryStreet, Fundwell is advancing toward its vision of becoming the go-to growth partner for businesses by providing the tools, funding, and guidance they need to not only survive cash flow challenges but to thrive well beyond them. The deal closed on August 11, 2025, and integration is already underway. The first phase of the combined platform is set to debut later this year, marking the beginning of a new chapter in how businesses control, optimize, and grow their financial futures. About Fundwell Fundwell is on a mission to redefine business financing with integrity and innovation. By leveraging proprietary AI decisioning and a curated network of lender partners, Fundwell delivers transparent funding options that move at the speed your business demands. Since inception, Fundwell has supported thousands of businesses nationwide, providing over $1 billion in capital to fuel their growth. Learn more at: View source version on Contacts David JosephHead of MarketingDirect: +1-646-290-7187Email: david@
Yahoo
11 minutes ago
- Yahoo
NVIDIA (NVDA) Gets $220 Target on Strong AI Chip Demand, China Deal
NVIDIA Corporation (NASDAQ:NVDA) is one of the 10 AI Stocks Making Waves on Wall Street. On August 11, Wells Fargo analyst Aaron Rakers raised the price target on the stock to $220.00 (from $185.00) while maintaining a Overweight rating. The firm believes that the stock is poised for gains ahead. It also stated that it believes that renewed China sales and strong global demand could help push Nvidia higher. Nvidia and AMD have reached an agreement with the US government that will allow them to resume selling certain artificial intelligence chips in China. In exchange, they will give the government 15% of the revenue from those sales. An investment banker in a power suit entering an exclusive board room with a confident stride. The analyst believes that this new arrangement could help Nvidia recover the full $8 billion in quarterly revenue, expecting the recovery to be complete by the company's fiscal fourth quarter in January 2026. Demand from China may grow even further after that point. The analyst also noted how recent trade data supports a stronger outlook for the sector, reflecting higher demand for servers and related technology used in artificial intelligence. NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services. While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Sign in to access your portfolio
Yahoo
11 minutes ago
- Yahoo
The Marzetti Company Continues Higher Cash Dividend; Board of Directors Sets Annual Meeting Date and Time
WESTERVILLE, Ohio, August 13, 2025--(BUSINESS WIRE)--The Marzetti Company (Nasdaq: MZTI) announced today that its Board of Directors has declared a quarterly cash dividend of 95 cents per common share, payable September 30, 2025 to shareholders of record on September 8, 2025. The quarterly cash dividend amount of 95 cents per share maintains the higher level set nine months ago, which marked the company's 62nd consecutive year of increased regular cash dividends. The Marzetti Company is one of only 12 U.S. companies with 62 straight years of regular cash dividend increases. CEO David A. Ciesinski said, "The dividend reflects the company's continued strong financial position and will be the 249th consecutive quarterly cash dividend paid by the company since September 1963." The company also announced that its Board of Directors has set the date and time for the annual meeting of shareholders to be 1:00 p.m. ET, Wednesday, November 19, 2025. The annual meeting will be a virtual-only format via live webcast and shareholders will be able to participate, vote and submit questions during the virtual meeting. The record date for shareholders entitled to vote at the meeting is Monday, September 22, 2025. Shareholders of record will receive additional details and instructions for meeting participation in the proxy materials that will be made available to them in October. Access to the live webcast of the shareholder meeting will also be available through the company's website at Common shares currently outstanding are approximately 27,534,000. The Marzetti Company is a manufacturer and marketer of specialty food products for the retail and foodservice channels. Forward-Looking Statements We desire to take advantage of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 (the "PSLRA"). This news release contains various "forward-looking statements" within the meaning of the PSLRA and other applicable securities laws. Such statements can be identified by the use of the forward-looking words "anticipate," "estimate," "project," "believe," "intend," "plan," "expect," "hope," "indicated" or similar words. These statements discuss future expectations; contain projections regarding future developments, operations or financial conditions; or state other forward-looking information. Such statements are based upon assumptions and assessments made by us in light of our experience and perception of historical trends, current conditions, expected future developments; and other factors we believe to be appropriate. These forward-looking statements involve various important risks, uncertainties and other factors, many of which are beyond our control, which could cause our actual results to differ materially from those expressed in the forward-looking statements. Some of the key factors that could cause actual results to differ materially from those expressed in the forward-looking statements include: changes in our cash flow or use of cash in various business activities; and risks related to other factors described under "Risk Factors" in other reports and statements filed by us with the Securities and Exchange Commission, including without limitation our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q (available at Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update such forward-looking statements, except as required by law. Management believes these forward-looking statements to be reasonable; however, you should not place undue reliance on statements that are based on current expectations. View source version on Contacts FOR FURTHER INFORMATION: Dale N. GanobsikVice President, Corporate Finance and Investor RelationsThe Marzetti CompanyPhone: 614/224-7141Email: ir@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
