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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
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 ...
American Machinist
1d
GM, LG Pursuing New EV Battery Format
The joint-venture partners are extending their electric-vehicle battery collaboration to include a space-efficient, ...
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