gm joint venture news

GM to invest $625 million in joint venture to mine EV battery raw materials in U.S.

The deal is centered on the development, construction and operation of a lithium carbonite mining operation called Thacker Pass in Humboldt County, Nevada.

AOL · 15h

GM doubles down on EV batteries, invests $625M in lithium project

Previously, GM invested $320 million into Lithium Americas in exchange for 15 million shares back in February of last year. In total, GM has now invested $750 million into Lithium Americas and the joint venture, not including the $195 million line of credit.

Supply Chain · 16h

GM Invests $625M in EV Battery Material Mining Operation

GM is aiming to source more of its raw materials for electric vehicles from the U.S, to manage battery cell costs and decrease its reliance on imported materials.

15hon MSN

GM joint venture 'super helpful' as lithium demand slumps, says Lithium Americas' CEO Jonathan Evans

Jonathan Evans, Lithium Americas president and CEO, joins 'Closing Bell Overtime' to talk its joint venture with General ...

Unlocking Thacker Pass: General Motors to Contribute Combined $625 Million in Cash and Letters of Credit to New Joint Venture with Lithium Americas

Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") announced the Company and General Motors ...

Canadian Mining Journal19h

Lithium Americas revamps Thacker Pass deal with GM in new US$625M JV

Shares in Lithium Americas (TSX: LAC; NYSE: LAC) jumped by 20.2% on Wednesday after it announced anew, US$625-million joint ...

bovnews22h

Lithium Americas (LAC) Surges on Exciting Joint Venture with GM

Lithium Americas and General Motors. The recent boost in Lithium Americas’ stock can be traced back to an exciting announcement regarding a new investmen ...

7don MSN

GM Remains All-In on EVs but Will Ditch ‘Ultium’ Name

Chevy Bolt will be priced slightly higher than the last model, while 2027 PHEVs will be a bridge to emissions compliance.

GM Authority8d

GM Charging Network Joint Venture Ionna Breaks Ground On First Rechargery In North Carolina

Joint venture Ionna has broken ground on the first Rechargery in North Carolina. It will have 10 EV charging ports and a ...

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 ...

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