GM to Exit Michigan EV Battery Plant

WSJ16:12 ET

GM To Sell Stake In Michigan Battery Plant To JV Partner For Nearly $1B

Benzinga41minutes ago

LG Energy Solution and GM to Jointly Develop Prismatic Battery Cell Technology

PR Newswire19:00 ET

General Motors sells stakes in Michigan battery plant to LG Energy, receiving 1 billion and jointly researching square batteries.

General Motors plans to sell its stake in the electric vehicle battery plant in Lansing, Michigan to South Korean partner LG Energy, expecting to recoup about $1 billion in investment.

Zhitong Finance18:54 ET

LG new energy fund considers acquiring shares of a joint venture usa battery factory with General Motors

South Korea's leading battery manufacturer LG Energy Solution Ltd. stated on Tuesday that it is considering acquiring shares in General Motors' joint venture battery plant in Michigan. In a statement, LG Energy Solution said, "The company is considering acquiring the joint venture 3rd factory of Ultium Cells in Lansing, Michigan, to effectively operate its factories in the United States and maximize the utilization of the Michigan plant." The joint venture factory of LG Energy Solution and General Motors is under construction in Michigan, with the goal of starting operation next year. General Motors also announced

Global market report.18:52 ET

Express News | GM And LG Energy Solution Extend Battery Technology Partnership

Benzinga16:28 ET