LG Energy Solution and GM Slow Construction of Michigan Battery Plant

LG Energy Solution (LGES) and General Motors (GM) have decided to decelerate the construction of their joint battery plant in Michigan, originally slated for a $7 billion investment. Formed in 2022, the joint venture aimed to develop a facility capable of producing Ultium cells for electric vehicles (EVs) and electric pickup trucks. The plant was … Continue reading LG Energy Solution and GM Slow Construction of Michigan Battery Plant