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General Motors, Lithium Americas
General Motors to contribute $625M in cash, credit to new JV with Lithium Americas
Lithium Americas (NYSE:LAC) +19.4% pre-market Wednesday after announcing a new investment agreement with General Motors (GM) to establish a joint venture for the construction and operation of Thacker Pass in Nevada.
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 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
GM backs top U.S. lithium project with $625 million investment
General Motors Inc will commit $625 million toward what’s likely to be one of the biggest US lithium mines, reinforcing the automaker’s efforts to secure supply of the battery metal critical for electric vehicles.
GM, Americas
Lithium Americas Says GM Boosts Investment in Lithium Project
Canada’s Lithium Americas said General Motors will boost investment in the miner’s Thacker Pass project, which produces the critical ingredient for electric-vehicle batteries.
GM Backs Biggest US Lithium Project With $625 Million Investment
General Motors Inc will commit $625 million toward what’s likely to be one of the biggest US lithium mines, reinforcing the automaker’s efforts to secure domestic supply of the battery metal critical for electric vehicles.
Lithium Americas Says GM Boosts Investment, Buys Stake in Nevada Lithium Project
Canada's Lithium Americas said General Motors will boost a planned investment in the miner's Thacker Pass project in Nevada by nearly 90% to $625 million, giving the auto maker an ownership stake in the mine producing the critical ingredient for electric-vehicle batteries.
18h
on MSN
GM makes a $625 million lithium-battery move to shore up its EV supply chain
General Motors is investing $625 million in the domestic EV supply chain, partnering with Lithium Americas Corp to develop a ...
Crain's Detroit
2h
GM dispute, fallen demand lead wheel supplier to bankruptcy
A Livonia-based supplier of wheels for semitrucks and passenger cars has filed for bankruptcy with $486 million of debt as it ...
18h
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 ...
WNEM Saginaw on MSN
1h
GM in Bay City donates thousands to non-profits
General Motors is helping young kids and teens prepare for future careers in science, technology, engineering and math (STEM) ...
18h
on MSN
GM partners with startup Forge Nano to improve EV battery life, performance, and safety
General Motors is working with Forge Nano, a materials science startup, to find new ways to enhance the performance and ...
GM Authority
13h
GM Ventures Invests $10 Million In Forge Nano For Battery Material Coating
GM Ventures is making a $10 million investment in Colorado-based Forge Nano to develop battery coating materials that can ...
Automotive News
18h
GM invests $10 million in materials science company Forge Nano for EV batteries
The automaker has invested in and partnered with companies along the EV battery supply chain, from raw materials to recycling ...
1d
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 ...
13h
GM, Foxconn to Swap Imports to Mexico for Local Production, Official Says
MEXICO CITY (Reuters) - Mexico's deputy economy minister said on Wednesday that the Mexican government is in talks with ...
ET Auto
5h
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 ...
20h
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 ...
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