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General Motors, Lithium Americas and EV
General Motors to Invest $625M in JV to Source Lithium for EV Battery
General Motors Company GM has entered into a joint venture (JV) with Lithium Americas Corp. LAC. Per the JV, the automaker will supply $625 million in cash and credit to the Canadian mining company. The partnership focuses on developing,
General Motors to contribute $625 million to new JV with Lithium Americas
Canadian miner Lithium Americas said on Wednesday General Motors will contribute $625 million to their new joint venture for developing the Thacker Pass project in Nevada. U.S. automakers are ramping up their output of EVs and hybrids and aiming to reduce their reliance on China for battery-related materials in a competitive market.
General Motors makes a USD 625 million lithium-battery move to shore up its EV supply chain
Canadian mining company Lithium Americas Corp announced in a press release on Wednesday that GM investing a total of $625 million to fund the mining of lithium carbonate, a critical component of EV batteries.
13h
on MSN
General Motors in talks to move Asian manufacturing to Mexico
In an effort to reduce imports into the country from Asia and increase domestic manufacturing, Mexico’s deputy head of ...
1d
General Motors increases investment in lithium mine to nearly $1bn
US carmaker seeks to secure supply of metal expected to suffer shortfalls because of rising demand in switch to EVs ...
5d
General Motors discontinues 2 iconic cars, resulting in over a thousand layoffs
General Motors (GM) has laid off 1,695 employees at its assembly plant in Fairfax, Kansas, where the company will soon cease ...
1d
General Motors Q3 Earnings Preview: It's A Make-Or-Break Moment
General Motors is beating the market in 2024 with strong earnings, cost reductions, and growth in the EV market, promising ...
electrive
12h
General Motors founds joint venture for lithium production
Lithium producer Lithium Americas has entered into a new investment agreement with automotive company General Motors to form ...
9d
General Motors Kills Battery Brand, Revives EV Profit Outlook
General Motors CEO Mary Barra and other top execs worked to assure investment analysts its EV strategy is sound, but the end ...
1d
General Motors' Cruise Stake Could Be Worth More Than The Entire Company
General Motors' reasonable valuation and ownership stake in Cruise present a potentially attractive way to capitalize on the ...
Zacks.com on MSN
2d
General Motors Partners With Barclays to Offer Exclusive Rewards
General Motors Company GM and Barclays US Consumer Bank have entered into a long-term agreement. Per the contract, Barclays ...
ET Auto
19h
General Motors to contribute USD 625 mln to new JV with Lithium Americas
U.S. automakers are ramping up their output of EVs and hybrids and aiming to reduce their reliance on China for ...
2d
General Motors: Strong Free Cash Flow Can Be Sustained And The Stock Is Cheap
General Motors has significantly improved operational efficiency, leading to healthy free cash flow and expanded operating ...
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Lithium Americas
GM
China
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