gm general motors news

General Motors to contribute $625M in cash, credit

General Motors to Invest $625M in JV to Source Lithium for EV Battery

General Motors Company GM has entered into a joint venture (JV) with Lithium Americas Corp. LAC. Per the JV, the automaker will supply $625 million in cash and credit to the Canadian mining company. The partnership focuses on developing,

Business Insider · 1d

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 lithium mine in Nevada.

Seeking Alpha on MSN · 1d

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.

GM, EV and China

AOL · 12h

GM CEO Mary Barra on what she’s learned during 10 year at the top

GM has come a long way since Barra became CEO. In fact, last year the company brought in $171.8 billion, its best performance in 17 years. That’s the long-term outcome of structural changes Barra started instituting from the beginning of her tenure.

Fortune · 7h

GM CEO Mary Barra says China’s hypercompetitive, cheap EV market is a ‘race to the bottom’

GM’s EV deliveries jumped by 60% year over year in the third quarter.

Electrek · 11h

GM CEO warns China’s EV price war is a ‘race to the bottom’ despite push for affordability

Mary Barra is sounding the alarm. GM’s CEO warned that China’s escalating EV price war is putting automakers globally

GM, Americas

Wall Street Journal · 1d

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.

Bloomberg L.P. · 1d

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 automaker’s efforts to secure domestic supply of the battery metal critical for electric vehicles.

MarketWatch · 1d

Lithium Americas Says GM Boosts Investment, Buys Stake in Nevada Lithium Project

Canada's Lithium Americas said General Motors will boost a planned investment in the miner's Thacker Pass project in Nevada by nearly 90% to $625 million, giving the auto maker an ownership stake in the mine producing the critical ingredient for electric-vehicle batteries.

GM Authority3h

GM Injects $625M Into Thacker Pass Mine Joint Venture With Lithium Americas

GM will invest $625 million to support a joint venture with Canadian mining company Lithium Americas and the Thacker Pass ...

Automotive News7h

Daily 5 report for Oct. 17: GM clarifies 'virtual by 2025' goal

A statement from General Motors said the automaker doesn't have plans to shift its entire development system to virtual at ...

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 ...

9hon MSN

After Nevada Lithium Deal, GM Eyes Other Sources for EV Minerals Supply

While the Thacker Pass JV should supply GM with a "significant" amount of its lithium, the company is open to other critical ...

WNEM Saginaw on MSN15h

GM in Bay City donates thousands to non-profits

General Motors is helping young kids and teens prepare for future careers in science, technology, engineering and math (STEM) ...

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 ...

10hon MSN

Carmaker GM supports Mexico's push to strengthen regional supply chains

U.S. automaker General Motors said on Thursday that it fully supported the Mexican government's push to strengthen supply ...

11hon MSN

General Motors (GM): A Low-Cost Stock with High Growth Potential in Electric Vehicles

We recently published a list of 10 Most Promising Low-Cost Stocks According to Hedge Funds. In this article, we are going to ...

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