General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture ...

The Lansing plant was one of three battery plants GM announced in January 2022 through its joint venture with LG, Ultium Cells. GM’s first plant, in Warren, Ohio, began producing batteries for ...

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 (LGES). GM’s step back from the ...

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GM said the South Korean battery supplier will have immediate ... TipRanks' multi-award winning platform ranks financial experts based on measured performance and the accuracy of their predictions ...

General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Lansing, Michigan, to its joint venture partner LG Energy Solution, the automaker announced Monday.

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 ...

General Motors Co. is selling its stake in the Lansing Ultium Cells LLC battery plant to its joint-venture partner LG Energy Solution in another move to generate better returns on its invested ...

GM and LGES initially teamed up in 2019 to form a joint venture to mass-produce battery cells for electric vehicles. Since then, the two have poured billions into three factories: The Lansing ...