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General Motors to contribute $625M in cash, credit
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 $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.
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,
5h
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 ...
Supply Chain
2h
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 ...
2d
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, ...
1d
General Motors: Strong Free Cash Flow Can Be Sustained And The Stock Is Cheap
General Motors has significantly improved operational efficiency, leading to healthy free cash flow and expanded operating ...
Auto123
3h
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 ...
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 ...
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 ...
Community Impact Newspaper
2d
Roanoke General Motors distribution center receives more than $2M in renovation funds
The General Motors distribution center on Freedom Drive in Roanoke received $2,253,254 for renovations that will begin Oct.
7d
on MSN
General Motors Ditches Ultium Branding for EVs As Battery Strategy Shifts
GM is giving up on trying to make 'Ultium' a thing. After years of marketing the name "Ultium" for its electric vehicle ...
fstech
1d
General Motors and Barclays forge new credit card partnership
General Motors (GM) and Barclays have announced a long-term partnership agreement that will see the British bank become the ...
MLive
4h
Former preschool teacher faces GM retiree in Ottawa County Commission District 11 race
Allison Miedema, the District 11 commissioner, is facing a General Motors retiree in the Nov. 5 general election.
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Related topics
Lithium Americas
GM
Barclays
Thacker Pass
United States
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