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G.M. Will Sell Stake in EV Battery Plant to LG

✇NYT > Climate and Environment
By: Jack Ewing
2 December 2024 at 16:37
LG Energy Solution will now solely own a factory in Michigan that it had planned to operate through a joint venture with General Motors.

© Ahn Young-joon/Associated Press

General Motors said Monday that it would get back the $1 billion it had invested in the battery plant. LG Energy Solution will complete the construction.

G.M. Will Sell Stake in EV Battery Plant to LG

✇NYT > Technology
By: Jack Ewing
2 December 2024 at 16:37
LG Energy Solution will now solely own a factory in Michigan that it had planned to operate through a joint venture with General Motors.

© Ahn Young-joon/Associated Press

General Motors said Monday that it would get back the $1 billion it had invested in the battery plant. LG Energy Solution will complete the construction.
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