GM to Sell Its Stake in Michigan EV Battery Plant to LG Energy

Financial Post - 2 december 2024

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.

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