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.
G.M. Will Sell Stake in E.V. Battery Plant to Its Partner LG
LG Energy Solution will now solely own a factory in Michigan that it had planned to operate through a joint venture with General Motors.
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
General Motors selling stake in Lansing 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 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 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 joint venture partner LG Energy Solution.
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.
Avangrid, Portland General Electric partner to build Oregon solar project
Avangrid (NYSE:AGR) said Monday it signed a power purchase agreement to deliver energy to Portland General Electric's ...
autoevolution1h
GM Electric Cars Make a Weird Noise When Adaptive Cruise Control Is On, It's Normal
You GM-branded electric car might make a weird noise at brief stops. Don't worry about it! NHTSA says it is perfectly normal ...
ETF Daily News3d
Loomis Sayles & Co. L P Has $231,000 Stock Position in General Electric (NYSE:GE)
Loomis Sayles & Co. L P decreased its position in General Electric (NYSE:GE – Free Report) by 64.2% in the 3rd quarter, according to its most recent filing with the Securities & Exchange ...
Berkshire Eagle3d
General Electric's prelimlinary cleanup plan for Woods Pond includes suction and rail for removal of sediment
GE has issued a preliminary proposal to suction nearly 500,000 cubic yards of sediment out of Woods Pond and nearby Valley ...
Capital Press6d
Wyden calls on Oregon’s largest electric utility to detail drivers of massive rate hikes
Customers of Oregon’s largest investor-owned electric utility pay more than 40% more for their electricity today than they ...
Seeking Alpha7d
GE General Electric Company
View General Electric Company (GE) current and estimated P/E ratio data provided by Seeking Alpha.
ETF Daily News3d
Pathstone Holdings LLC Has $1.42 Million Stock Holdings in Portland General Electric (NYSE:POR)
Get Our Latest Stock Report on POR Portland General Electric Stock Up 0.7 % Shares of POR stock opened at $48.06 on Friday. The stock’s 50 day simple moving average is $47.40 and its 200 day ...
Ram, Jeep Ready to Rival GM's Electric Truck and SUV Offerings
The REEV (range extended electric vehicle) system, like that in the RamCharger, consists of a battery, front and rear ...
Here’s how Trump could affect Tennessee auto industry, businesses see sluggish EV sales
Electric vehicle domination is still decades out, but experts say Tennessee is among the states leading the way. Here's how.