GM to sell stake in battery cell plant

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.
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.
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 is selling its stake in one of its four EV battery plants: Here’s why
GM announced plans to sell its stake in the nearly completed Lansing, Michigan, EV battery plant to joint venture
GM to sell its stake in Michigan battery plant to LG Energy Solution
General Motors said on 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 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 sells stake in Michigan battery plant to JV partner LG Energy Solution
General Motors (NYSE:GM) is unloading its stakes in an electric-vehicle battery plant in Michigan to its Korean partner LG Energy Solution. The sale will enable GM (GM) to recoup its investment in the facility and underscores the automaker’s pivot regarding EV production and desire to increase its capital efficiency.
GM to Sell Lansing Battery Plant Stake to LG Energy Solution
GM claims LG Energy Solution will get instant access to the Lansing plant after the transaction in order to start equipment installation. Currently employing about 100 people, the plant is almost operational ready.
GM To Sell Its Stake In Lansing Battery Cell Plant To LG Energy Solution
General Motors (GM) said that it has reached a non-binding agreement to sell its stake in the nearly completed Ultium Cells LLC
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,
GM Offloads Michigan Battery Plant Stake to LG Energy as EV Ambitions Take a New Path
General Motors will sell its Michigan battery plant stake to LG Energy Solution as part of a significant pivot in its electric vehicle plans. The deal highlights GMs evolving approach to the EV market,
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GM And LG Energy Solution Extend Partnership To Develop Prismatic Battery Cells
GM and LG Energy Solution have announced an expansion to their existing battery technology partnership to include the ...