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GM will sell its stake in Michigan EV battery factory it spent $1 billion on to South Korea’s LG Energy Solution

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GM will sell its stake in Michigan EV battery factory it spent $1 billion on to South Korea’s LG Energy Solution - Fortune

Quick Summary:

The company said it will rely on joint venture factories in Warren, Ohio, and Spring Hill, Tenn., to supply factories that make seven electric vehicles now on sale in the U.S.


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GM will sell its stake in Michigan EV battery factory it spent $1 billion on to South Korea’s LG Energy Solution - Fortune (Picture 1)

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Article Details

Author / Journalist: The Associated Press

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-03 @ 08:44:17 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 32 words

Reading Time: 1 minutes read

Sentences: 17 lines

Sentence Length: 2 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 24087001

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About Fortune

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Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 48 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

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The outlet is headquartered in United States and publishes an average of 48 news stories per day.

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  • URL: https://beamstart.com/news/gm-will-sell-its-stake-17332162775217

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