GM Shares Surge 102.13% in Trading Volume Ranking 143rd as EV Battery Recycling Deal Boosts Stock
On July 21, 2025, General MotorsGM-- (GM) saw a significant surge in trading volume, with a total of 6.98 billion shares exchanged, marking a 102.13% increase from the previous day. This substantial trading activity placed GMGM-- at the 143rd position in terms of daily trading volume among all stocks.
GM has recently inked a deal with RedwoodRWT-- Materials to recycle EV batteries, which will be used to power AI data centers. This strategic partnership aims to leverage the recycled batteries for energy storage systems, aligning with GM's commitment to sustainability and innovation in the electric vehicle sector.
Additionally, GM is set to challenge China's dominance in the LFP battery market by upgrading its battery factory. This move is part of GM's broader strategy to enhance its competitive edge in the rapidly evolving electric vehicle industry.
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