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GM to sell its stake in Michigan 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 its stake in Michigan battery plant to LG Energy Solution
General Motors said Monday it will sell its stake in its joint venture battery plant in Lansing, Michigan, to partner LG Energy Solution as the Detroit automaker trims its electric vehicle plans. GM expects to recoup its investment in the facility,
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 sells stake in EV battery plant and deepens ties to LG
General Motors is selling its stake in a new battery plant that was built with government incentives. Why it matters: GM partners with South Korean battery giant LG Energy Solution through a joint venture called Ultium Cells, which currently produces batteries at factories in Warren, Ohio and Spring Hill, Tennessee.
GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion
General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner LG Energy Solution.
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.
9m
GM offloads one of its battery factories to LGES
General Motors is selling its stake in the nearly completed Ultium Cells battery cell plant in Lansing, Michigan to its joint ...
1d
on MSN
‘Extortion’ tactic: GM panned for floating five-tower RenCen demo if tax breaks rejected
The automaker confirms its backup plan after bipartisan pushback against allocating public money for a RenCen revamp.
5d
on MSN
Tank Explosion Near Michigan GM facility Damages Nearby Homes
According to a fire chief, a tank explosion near a General Motors facility in Michigan damaged two homes on Tuesday.
Crain's Detroit
4h
Michigan EV, microchip jobs training gets $4.7M boost
The Michigan Economic Development Corp., which has aggressively courted EV and semiconductor projects, awarded Western ...
Michigan Capitol Confidential
3d
General Motors, Bedrock want Michigan taxpayers to foot $250M for RenCen redevelopment
Two weeks after firing 1,000 employees, General Motors wants Michigan taxpayers to pay $250 million to tear down and renovate ...
FOX 2 Detroit on MSN
21h
Wrong-way driver dies after fatal crash • Declining deer hunting numbers • GM Proving Grounds explosion
The at-fault driver in a fatal wrong-way crash has died, Michigan continues to see a decline in deer hunting numbers, what we ...
MLive on MSN
39m
$4.7M project will help teach Michigan college students how to build electric cars
The money is going to a pair of Southwest Michigan colleges to help students earning degrees in electric vehicle development.
6d
on MSN
Tank containing oil drilling byproducts explodes and catches fire near GM facility in Michigan
A fire chief says a tank containing byproducts from oil drilling operations exploded and caught fire near the General Motors ...
GM Authority
3d
Explosion At GM Factory Zero Plant, One Worker Injured: Video
A cylinder of some type exploded at the GM Factory Zero plant on Thanksgiving, inflicting non-life-threatening injuries on ...
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