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GM Sells Part of EV Battery Plant. Focus on Cash.
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 is selling its stake in one of its four EV battery plants: Here’s why
GM announced plans to sell its stake in the nearly completed Lansing, Michigan, EV battery plant to joint venture
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 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,
GM to sell its stake in Lansing battery cell plant to partner LG Energy Solution
General Motors will not own a stake in the Ultium Cells battery plant in Lansing after all.
GM, LG Pursuing New EV Battery Format
The joint-venture partners are extending their electric-vehicle battery collaboration to include a space-efficient, lithium-ion cell technology – and the automaker has agreed
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 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.
GM sells stake in Ultium Lansing battery plant to partner LG Energy Solution
GM made the announcement amid a push by executives to be more capital-efficient and make its electric vehicles profitable.
GM Sells $1 Billion Stake In Joint Battery Plant To LG
GM and LG Energy Solution remain committed to two other massive EV battery factories in the US. Now under the ownership of LG, the battery maker will supply packs to another automaker. GM and LG are still working on new,
4d
on MSN
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 ...
1d
This little electric car made history. 25 years ago, GM stopped making it
The EV1 was the first modern, mass-produced electric vehicle from a major automaker — pioneering some technologies you can ...
GM Authority
4d
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 ...
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