GM offloads its stake in EV battery factory to joint venture partner ...
3 days ago · The news of GM’s nonbinding agreement with LGES comes a few months after reports that GM and LGES were slowing the buildout of the Lansing plant, which was expected to start production in 2025 ...
GM sells stake in Lansing, Michigan, EV battery plant to LG | AP News
3 days ago · DETROIT (AP) — General Motors has reached an agreement to sell its stake in a nearly completed electric vehicle battery plant in Lansing, Michigan. The company said Monday that it has a nonbinding agreement for the sale to joint venture partner LG Energy Solution of South Korea. The companies expect to close the sale by the end of March.
GM and LG Energy Solution extend battery technology …
4 days ago · General Motors and LG Energy Solution are extending their 14-year battery technology partnership to include prismatic cell development. GM expects the prismatic cell technology developed under the agreement to power future GM electric vehicles, as part of the company’s strategy to diversify its supply chain, leveraging multiple chemistries and form factors.
This Explains Why GM Ditched The Ultium EV Battery Label
Oct 16, 2024 · GM is laying plans for the EV battery of the future, including new cost-cutting, performance-enhancing atomic layer deposition technology.
General Motors to sell its stake in Lansing, Michigan, battery …
3 days ago · But EV sales this year still are likely to surpass last year’s record of 1.19 million. The EV share of new vehicle sales this year is 7.9%, up from 7.6% last year.
GM drops 1 EV battery plant as Stellantis set for loan to open 2
11 hours ago · Category GM GM drops 1 EV battery plant as Stellantis set for loan to open 2. Share. Expand. General Motors will have three U.S. battery plants, including this one in Warren, Ohio, owned by Ultium ...
GM’s Ultium battery gets the ultimatum - The Verge
Oct 8, 2024 · GM’s Ultium EV and battery platform is getting discontinued. GM will reduce costs on its modules by adding LFP options.
GM drops Ultium name, announces new battery center and promises EV …
Oct 8, 2024 · General Motors said Tuesday that it is dropping the name “Ultium” for its electric vehicle batteries and the technology that propels its EVs despite spending years and millions of dollars to ...
How GM's Ultium Electric Car Revolution Went Off The Rails
Feb 22, 2024 · General Motors once hoped to unseat Tesla as America’s EV leader. Sources tell us what went wrong with batteries, software and more. It wasn’t supposed to be like this.
General Motors Kills Battery Brand, Revives EV Profit Outlook
Oct 8, 2024 · General Motors CEO Mary Barra and other top execs worked to assure investment analysts its EV strategy is sound, but the end is coming for its young battery brand.