General Motors will not own a stake in the Ultium Cells battery plant in Lansing after all. On Monday, GM said it will sell back its investment in the plant, which has not yet opened, to its ...

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General Motors Co. is selling its stake in the Lansing Ultium Cells LLC battery plant to its joint-venture partner LG Energy Solution in another move to generate better returns on its invested ...

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Following the non-binding agreement, LG will become the sole owner and complete the plant. The company will then sell the batteries to other customers. GM said it would get back the $1 billion it ...

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General Motors Co. is selling its stake in an electric-vehicle battery plant in Lansing, Michigan, to South Korean partner LG Energy Solution, recouping about $1 billion in investment from a ...

Earlier this month, GM said that it would sell its stake in the Lansing Ultium Cells LLC battery plant to its joint-venture partner LG Energy, expecting to recover $1 billion from the investment.

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after the Detroit-based automaker said it would exit the Ultium Cells electric vehicle battery plant in Lansing. The state awarded a $666 million grant package to GM in 2022 — the first of the ...

General Motors has announced it will sell its stake in a massive EV battery plant in Lansing, Michigan, to LG Energy Solution. The site, initially part of GM and LG's Ultium Cells joint venture ...