GM has now pulled ahead in one of the most competitive aspects of the EV transition, producing more battery cells in the ...

“We’re focused on optimizing our battery technology by developing the ... The transaction does not change GM’s ownership in its Ultium Cells joint venture with LG Energy Solution.

According to the latest survey data from BNEF, General Motors has surpassed Tesla in domestic battery capacity in the US. Notably, this milestone was achieved during the ramp-up stage. GM's Ultium ...

GM announced in December that it will sell its stake in the Ultium Cells LLC battery plant in Lansing, Michigan, to joint venture partner LG Energy Solution. LG Energy Solution said today that it ...

in addition to assembling Ultium battery cells into modules and packs for a variety of vehicle designs, according to its website. In 2024, GM was among the automakers that eased some of their ...

Thank you. Saliby: Why did GM say it was getting out of this venture last year? Gardner: General Motors aligned a lot of battery production under the Ultium brand, and it decided to change the ...

The Michigan Treasury Department gave GM and its partner the funding between June and September 2023. Now that state officials have formally separated the joint venture on the Lansing plant, each ...

A statement released by GM of Canada said “the company is installing more battery module capacity (at) its other North American EV plants.” Currently, Ultium battery cells are manufactured at ...

Ultium Cells ... electric vehicle (EV) battery manufacturer LG Energy Solution Ltd (LGES) confirmed this week that it has agreed to acquire General Motors’ (GM) stake in one of their joint ...

A coalition of regional agencies and leaders wants more than $186 million in state and local incentives for the Ultium ...

Members of the quasipublic Michigan Strategic Fund in Lansing voted Tuesday to remove references to General Motors from the Lansing plant project on which GM initially partnered with South Korean ...