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General Motors to contribute $625M in cash, credit
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 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.
Lithium Americas, General Motors Holdings To Establish New JV
Wednesday announced that it has inked a new investment deal with General Motors Holdings LLC to establish a joint venture for the purpose of funding, developing, constructing and operating Thacker Pass in Humboldt County,
57m
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 ...
MLive
4m
Former preschool teacher faces GM retiree in Ottawa County Commission District 11 race
Allison Miedema, the District 11 commissioner, is facing a General Motors retiree in the Nov. 5 general election.
2h
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 ...
1h
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 ...
Automotive News
1h
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 ...
20h
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 ...
2d
on MSN
General Motors says Barclays will replace Goldman Sachs as rewards-card issuer starting next summer
The cards give members the opportunity to earn and redeem awards on new Chevrolet, Cadillac, Buick and GMC vehicles, ...
7d
General Motors Kills Battery Brand, Revives EV Profit Outlook
General Motors CEO Mary Barra and other top execs worked to assure investment analysts its EV strategy is sound, but the end ...
1d
General Motors Partners With Barclays to Offer Exclusive Rewards
General Motors Company GM and Barclays US Consumer Bank have entered into a long-term agreement. Per the contract, Barclays ...
fstech
1d
General Motors and Barclays forge new credit card partnership
General Motors (GM) and Barclays have announced a long-term partnership agreement that will see the British bank become the ...
5h
on MSN
Chevrolet aims to defend highly profitable SUV market position with updated Tahoe, Suburban
The Chevrolet Tahoe and Suburban have led the mainstream full-size SUV segment for over 45 years, according to GM.
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Lithium Americas
GM
Barclays
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United States
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