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GM to Sell Its Stake in Michigan EV Battery Plant
GM to Exit Michigan EV Battery Plant
The automaker plans to sell its stake to joint-venture partner LG Energy, the latest pullback in its electric-car investments.
GM to Sell Stake in Michigan EV Battery Plant to LG Energy
General Motors Co. is selling its stake in an electric-vehicle battery plant in Lansing, Michigan, to South Korean partner LG Energy Solution, recouping about $1 billion in investment from a facility that will still supply energy cells to the automaker’s EVs.
General Motors to Sell Its Stake in Lansing, Michigan, Battery Factory to LG Energy Solution
General Motors has reached an agreement to sell its stake in a nearly completed electric vehicle battery plant in Lansing, Michigan
GM Authority
1d
EV Battery Will Soon Be Cheaper To Replace Than Gas Engine: Report
According to new research by Recurrent, a continuing downward trend in costs and an increase in energy density will lower the ...
1d
on MSN
Stellantis and Samsung to get $7.54 billion federal loan for two EV battery factories
The Department of Energy preliminarily approved another loan to help fund the construction of electric vehicle battery ...
Electrek
15h
EV battery makers get a $1 billion boost in the EU – but there’s a catch
The European Commission is throwing a lifeline to its emerging EV battery sector with a hefty boost of €1 billion. Question ...
Tire Review Magazine
1d
How electric vehicle power steering is used to extending EV battery life
Electric power steering systems are designed to be more energy-efficient compared to their hydraulic counterparts.
2d
on MSN
Stellantis, partner get loan commitment from feds for EV battery plants
The project being built by StarPlus Energy LLC is expected to create at least 2,800 jobs at the plants and hundreds more at a ...
Tech Xplore on MSN
4d
Electric vehicle fires: How worried should we really be?
Thermal runaway is a self-accelerating reaction that leads to a rapid temperature increase. It is often caused by ...
6h
When the grid died, these EV owners powered their homes with their cars
In an era of increasingly hard-hitting disasters, some people are turning to their EVs as a part of their recovery plan.
2d
on MSN
US Loans Stellantis, Samsung Venture $7.54B to Build EV Battery Plants
The Department of Energy announced a $7.54 billion loan commitment to a Stellantis and Samsung SDI joint venture to build EV ...
Waste Dive
16h
Tennessee university to receive DOE funding for EV battery recycling project
Tennessee Tech University will develop a mobile preprocessing hub for EV batteries as part of a $4.8 million federal grant.
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