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General Motors to contribute $625M in cash, credit
General Motors founds joint venture for lithium production
Lithium producer Lithium Americas has entered into a new investment agreement with automotive company General Motors to form a joint venture to build and operate the Thacker Pass lithium mine 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 to contribute USD 625 mln to new JV with Lithium Americas
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, 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,
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 Partners With Lithium Americas In $625 Million Joint Venture To Develop Nevada Lithium Mine
General Motors has formed a joint venture with Lithium Americas Corp. to develop and operate the Thacker Pass lithium mine in Nevada. GM is investing $625 million into the venture, including $330 million in cash and a $195 million letter of credit facility.
General Motors Bets $625 Million On Lithium Americas Project; LAC Stock Jumps
Lithium Americas will get a further $625 million from General Motors to move forward with its Thacker Pass, Nev., mine. LAC stock jumped.
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.
20h
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 electric-vehicle supply chain.The funds are set to help Lithium Americas Corp ...
20h
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 ...
2h
Forge Nano secures $10m from GM Ventures to enhance battery materials for EVs
To date, the company has raised over $100m, backed by major players like Volkswagen and LG Technology Ventures.
GM Authority
15h
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 ...
8d
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 ...
7d
on MSN
General Motors Drops Ultium Name, Announces New Battery Facility
Despite dropping the name, the batteries will stick around, and the new facility aims to reduce costs and development times ...
GM Authority
5d
GM Expects To Save $6,000 Per EV By Using LFP Battery Cells
GM Vice President, Battery and Pack Kurt Kelty has outlined some of The General's cost saving plans as they relate to driving ...
7d
GM ditches failed Ultium battery branding as its EV sales soar
GM says it's time to embrace new cell formats and chemistries.
ET Auto
7h
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 ...
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