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GM sells stake in EV battery plant
GM offloads its stake in EV battery factory 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
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 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.
2d
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 ...
GM Authority
18h
EV Battery Will Soon Be Cheaper To Replace Than Gas Engine: Report
According to new research by Recurrent, a continuing downward trend in costs and an increase in energy density will lower the ...
4d
on MSN
How Europe’s EV Battery Pioneer Northvolt Came Unstuck
Europe’s ambitions to lead the world in green technologies risk fizzling out in the face of China’s dominance. The outlook is ...
2d
Leading battery company unveils 'world's first' technology with 10-minute-charging capability: 'Heralding a new era'
SpaceX CEO Elon Musk has long promised to make humanity interplanetary by establishing a permanent outpost on Mars. With the ...
Green Car Reports
2d
Replacing an EV battery may cost less than fixing a gas engine by 2030
A new report indicates that as battery costs continue to drop replacements will be cheaper than repairing a gas-powered car ...
1d
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 ...
11d
EV battery industry trends in integrated manufacturing and localization initiatives
As the electric vehicle (EV) market expands, manufacturing processes must adapt to meet the growing demand for effectiveness, ...
8d
First-of-its-kind EV battery adds 186 miles of range with a 5-minute charge
A first-of-its-kind EV battery is the latest, cutting-edge technology, and it can gain up to 186 miles worth of charge in ...
22h
US Department of Energy commits $7.54 billion loan for EV production in Kokomo
Though not yet finalized, the $7.54 billion loan from the department's Loan Programs Office to StarPlus Energy is the third ...
19h
EU Aid for EV Batteries Seeks to Stave Off Chinese Competition
EV battery manufacturers relying on Chinese components risk being cut out of €1 billion in European Union subsidies as the ...
FOX 2 Detroit on MSN
9h
State Rep Hall says GM extorted taxpayers for battery plant it is now selling
The new GOP speaker of the Michigan House is disappointed and critical of GM alleging that our tax dollars were wasted.
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