General Electric Vs General Motors

Both are household names.

General electric vs general motors.

Ge has been in the news the last few years but normally not for good reasons. They developed some of the first commercial and industrial electrical applications. General electric company ge is an american multinational conglomerate incorporated in new york city and headquartered in boston as of 2018 the company operates through the following segments. Aviation healthcare power renewable energy digital industry additive manufacturing and venture capital and finance.

Ceo larry culp s letter to shareholders details how ge is improving its financial position and strengthening its businesses. General electric ge has been manufacturing motors and generators for over 125 years. Ge s annual report 2019. In what appears to be a direct assault on electric car leader tesla general motors announced it has created a new electric vehicle battery that offers up to 400 miles of range and will be far.

General motors nyse gm has made headlines lately as well but again not for great reasons. Both are underperforming the stock market in one case badly. In 2019 ge ranked among the fortune 500 as the 21st largest firm in the united. General motors has finally revealed details of its ambitious plan to conquer the electric vehicle market including a massive 200 0 kwh battery for its gmc hummer.

Gm has made headlines lately as well but again not for great reasons. General electric has been in the news the last few years but normally not for good reasons. General electric and general motors that is.