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GM sells stake in EV battery plant
GM offloads its stake in EV battery factory to joint venture partner LGES
General Motors is selling its stake in the nearly completed Ultium Cells battery cell plant in Lansing, Michigan, to its joint venture partner LG Energy
What does GM’s decision to sell its battery plant stake reveal about EV demand?
Patrick Anderson the Principal and CEO of Anderson Economic Group explains market realities that are shifting the auto industry’s strategies.
GM sells stake in EV battery plant to partner LG Energy Solutions
General Motors is selling its stake in an electric vehicle battery facility to its partner LG Energy Solutions, the automaker announced Monday. The nearly completed factory in Lansing, Michigan, was being developed by Ultium Cells LLC,
1d
on MSN
GM Sells Part of EV Battery Plant. Focus on the Cash.
It underscores that GM is focused on capital efficiency. “Our EV profitability is rapidly improving thanks in part to our str ...
GM Authority
7h
GM Didn’t Need Third Ultium Cells Battery Plant, CFO Paul Jacobson Says
GM CFO Paul Jacobson has commented on the automaker's decision to sell off its stake in a third U.S. Ultium Cells EV battery ...
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