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GM sells stake in EV 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 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 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
4h
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 ...
1h
US Department of Energy commits $7.54 billion loan for EV production in Kokomo
Though not yet finalized, the $7.54 billion loan from the department's Loan Programs Office to StarPlus Energy is the third ...
1d
on MSN
A Tesla founder started an EV battery recycling company that's on pace to make $200 million a year
Tesla founder JB Straubel says his recycled EV battery company aims to produce enough batteries for 1 million electric ...
20h
on MSN
US commits to $7.54B loan for Stellantis venture to build 2 EV battery plants
A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. Energy Department for up to a $7.54 billion ...
13h
on MSN
US Loans Stellantis, Samsung Venture $7.54B to Build EV Battery Plants
The Department of Energy announced a $7.54 billion loan commitment to a Stellantis and Samsung SDI joint venture to build EV ...
24/7 Wall St
1h
GM's Rapid Retreat From EV Market Gains Speed
General Motors has pulled out of one of its largest EV initiatives. GM may save some money now, but will it come to regret ...
16h
on MSN
U.S. Energy Department unveils $7.54B loan for Samsung, Stellantis EV battery plant
DOE says a multi-billion dollar loan will jumpstart a joint project in Indiana between Stellantis and Samsung to aid battery ...
Green Car Reports
2d
Replacing an EV battery may cost less than fixing a gas engine by 2030
A new report indicates that as battery costs continue to drop replacements will be cheaper than repairing a gas-powered car ...
Bisnow
1d
EV Battery Manufacturer To Receive $7.5B Federal Loan For Indiana Plants
The release also noted that the plants will “greatly expand” North American
EV
battery
manufacturing abilities and reduce ...
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Stellantis
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