GM to sell its stake in Lansing battery cell plant to partner LG Energy Solution
General Motors will not own a stake in the Ultium Cells battery plant in Lansing after all. On Monday, GM said it will sell back its investment in the plant, which has not yet opened, to its Ultium Cells joint venture partner LG Energy Solution.
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 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.
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 production for the rapidly-expanding electric vehicle industry.
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 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.
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 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.
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,
GM offloads one of its battery factories to joint venture partner LGES
General Motors is selling its stake in the nearly completed Ultium Cells battery cell plant in Lansing, Michigan to its joint venture partner LG Energy Solution. GM’s step back from the factory comes amid weakening electric vehicle demand and the potential rollback of Biden administration incentives to produce clean energy domestically.
Microchip Says It Will Shut Arizona Plant, Updates Outlook
Microchip Technology Inc., a maker of chips for cars, consumer devices and other products, said it would close a plant in ...
Healthline1h
Eating More Plant Than Animal Protein May Cut Your Heart Disease Risk
Regularly eating more plant-based than animal protein may significantly lower your cardiovascular and coronary heart disease ...
Volkswagen workers hold 2-hour strikes to push back against proposed pay cuts and plant closures
Volkswagen workers have launched rolling two-hour strikes at nine plants across Germany to underscore their resistance to pay ...
Switching from animal to plant proteins can boost heart health
Moving away from meat to plants as a main source of protein will do wonders for your heart, new research finds.
Europe’s auto companies plan plant closures and layoffs
Stellantis and Valeo are among the auto companies that flagged layoffs and site closures announced in recent months.
Smithsonian Magazine on MSN6h
Scientists Are Trying to Crack the Recipe for the Perfect Plant-Based Eggs
An egg is an amazing thing, culinarily speaking: delicious, nutritious and versatile. Americans eat nearly 100 billion of ...
Intel CEO steps down, DeWine addresses chip plant
Intel CEO Pat Gelsinger stepped down Monday after leading the company for three years and proving instrumental in getting a ...
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Report indicates Tyson Foods to close Emporia plant in February 2025
KVOE Radio reported Monday morning that Tyson Foods would be ending all operations in Emporia in February. Tyson confirmed to ...