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GM pulls out of Lansing battery plant deal

Hosted on MSN · 22h

GM pulls out of Lansing battery plant deal; GOP calls move betrayal to taxpayers

With the construction of the Ultium Cells LLC battery cell plant in Lansing nearly finished, General Motors announced it will sell back its stake to its joint venture partner LG Energy Solution. According to a news release,

General Motors Strikes Deal To Offload Battery Plant Stake To LG

General Motors (GM) announced Monday a shift in its electric vehicle (EV) strategy by agreeing to sell its share of

Detroit News · 1d

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.

Dagens.com India (Eng) on MSN3h

General Motors Sells Michigan Battery Factory Before Production Begins

General Motors knows this well, which is why the company is making moves to free up cash and streamline its operations. This ...

3h

General Motors China JV Woes Trigger Billions In Charges: Details

General Motors Company (NYSE:GM) shares are trading lower on Wednesday after the company concluded that a material impairment ...

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