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General Motors to contribute $625M in cash, credit
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.
Lithium Americas Says GM Boosts Investment
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.
Forge Nano, EV and GM
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 lifetime of electric vehicle
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, as it works to secure a supply chain for its electric vehicles.
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 enhance performance and cut costs.
14h
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 ...
14h
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 ...
20h
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 ...
1d
General Motors: A Buy Rating on Strong Financial Outlook and EV Strategy
Mizuho Securities analyst Vijay Rakesh has maintained their bullish stance on GM stock, giving a Buy rating yesterday. Vijay Rakesh has given ...
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 ...
ET Auto
1h
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 $625 ...
The Korea Times on MSN
1h
Renault, GM, KG set to deepen competition for Korean EV market
Renault, General Motors (GM) and KG Mobility are gearing up to expand their electric vehicle (EV) market share here with ...
Hosted on MSN
12h
General Motors (NYSE:GM) Bolsters Its SUV Position
While many were looking at legacy automaker General Motors’ ($GM) recent battery deal, it might be easy to forget that it is ...
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