G.M. Will Sell Stake in EV Battery Plant to LG
LG Energy Solution will now solely own a factory in Michigan that it had planned to operate through a joint venture with General Motors.
Why GM’s Mary Barra Still Believes in EVs, Despite Slow Sales
Mary Barra, G.M.’s chief executive, said that the company had fixed battery-manufacturing problems and that its electric vehicles would soon be profitable.
U.A.W. Reaches Accord on Pay and Safety at E.V. Battery Plant
The agreement, if ratified, will cover 1,600 workers making batteries for General Motors in Ohio. The union said it would be a model for efforts elsewhere.
G.M. Profits Hurt by Unsold Electric Vehicles and Strike
The automaker has placed a bet on battery-powered cars, but it has struggled to produce and sell the vehicles in large numbers.
LG Will Spend $5.5 Billion on a Battery Factory in Arizona
Investment plans for U.S. battery production have increased since President Biden signed a law that offers generous incentives for electric cars and green energy.
Electric Vehicles Could Match Gasoline Cars on Price This Year
Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than expected.
Workers at E.V. Battery Plant in Ohio Vote to Unionize
The result, at a plant owned by General Motors and a South Korean company, is a milestone for the auto union in organizing electric vehicle workers.
Clean Energy Projects Surge After Climate Bill Passage
Investments in battery factories, solar panel manufacturing and mining will help the Biden administration meet targets for reducing greenhouse gases.
Honda and LG will jointly build a U.S. battery plant.
The announcement comes as the auto industry ramps up its efforts to switch to electric vehicles.
Energy Department will lend G.M. and LG $2.5 billion to build battery factories.
The loan will help the automaker and its supplier build electric vehicle battery factories in Ohio, Tennessee and Michigan.