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General Motors increases investment in lithium mine to nearly $1bn
US carmaker seeks to secure supply of metal expected to suffer shortfalls because of rising demand in switch to EVs
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.
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.
GM backs top U.S. 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 supply of the battery metal critical for electric vehicles.
1h
on MSN
General Motors in talks to move Asian manufacturing to Mexico
In an effort to reduce imports into the country from Asia and increase domestic manufacturing, Mexico’s deputy head of ...
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 ...
4d
General Motors discontinues 2 iconic cars, resulting in over a thousand layoffs
General Motors (GM) has laid off 1,695 employees at its assembly plant in Fairfax, Kansas, where the company will soon cease ...
20h
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 ...
Zacks.com on MSN
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 ...
Auto123
18h
Sales of EVs on the Rise at General Motors
Sales of electric vehicles fluctuate across the industry, but GM is seeing significant increases from one quarter to the next ...
22h
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 ...
3d
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, ...
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Related topics
Lithium Americas
GM
Thacker Pass
Barclays
United States
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