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The Spring Hill plant is part of the Ultium Cells LLC joint venture between GM and battery supplier LG Energy Solution. A ...
Automotive manufacturer General Motors (NYSE:GM) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, but sales ...
The Detroit automaker signed an agreement with Redwood Materials to turn new and used EV batteries into storage systems to ...
The investment is in addition to the $2.3 billion investment GM and LG announced in April 2021. Production at the 2.8 million-square-foot facility will start late next year.
GM has said its goal is to sell more than 1 million EVs globally by 2025 and, to do that, Barra said, "We are increasing our investment to scale faster because we see momentum building in the ...
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AutoGuide on MSNGM Just Lost More Than A Billion Dollars-Here's WhyThe Detroit giant reported a $1.1 billion year-over-year drop in quarterly revenue. But while the numbers are grim, GM is focusing on the bright spots, including record first-half revenue and growing ...
General Motors’ profit and revenue declined in its second-quarter but the automaker’s results managed to easily top Wall ...
GM and LG Energy Solution, through their joint venture Ultium Cells LLC, are investing $2.6 billion to build the third U.S. battery plant they have planned. Two others are in northeast Ohio and ...
GM Indiana EV Battery Plant Investment Is Largest In State History GM, Samsung SDI joint venture will bring $3B battery cell plant to St. Joseph County, Indiana. Plus, GM invests $632M In Fort Wayne.
General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst ...
The investment, which GM said is its single largest in the company's 112-year history, will help transform the state into an EV and battery production powerhouse. The investment breaks down into a ...
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