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GM to sell its stake in Michigan battery plant
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 to Sell Its 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 to sell its stake in Michigan factory for EV batteries to LG Energy Solution
General Motors has reached an agreement to sell its stake in a nearly completed electric-vehicle battery plant in Lansing, Mich.
5h
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 ...
7h
on MSN
US commits to $7.54 billion loan for Stellantis venture to build 2 electric vehicle 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 ...
WBAA
25m
Federal government proposes a more than $7.5 billion loan for Kokomo EV battery plants
The joint venture by Stellantis and Samsung SDI is expected to create thousands of jobs. The plants will make battery cells ...
5h
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 ...
7h
Stellantis, partner get loan commitment from feds for EV battery plants
The project being built by StarPlus Energy LLC is expected to create at least 2,800 jobs at the plants and hundreds more at a ...
8h
Will Electric Vehicle Adoption Thrive Under The New Administration?
The incoming Trump administration’s positions on incentives and tariffs could slow EV adoption in the United States, but ...
Tech Xplore on MSN
2d
Electric vehicle fires: How worried should we really be?
Thermal runaway is a self-accelerating reaction that leads to a rapid temperature increase. It is often caused by ...
7h
on MSN
Biden Offers $7.5 Billion for Samsung SDI-Stellantis Battery Hub
A joint venture between Samsung SDI Co. Ltd. and Stellantis NV to create battery manufacturing plants in Indiana is being ...
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Stellantis
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