The financial strain stems from plummeting sales, declining market share, and fierce competition from domestic electric and hybrid vehicle manufacturers. In the first nine months of 2024 ...
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 ...
(RTTNews) - General Motors (GM) said that it has reached a non-binding agreement to sell its stake in the nearly completed Ultium Cells LLC battery cell plant in Lansing, Michigan to its joint ...