WASHINGTON : General Motors Co and LG Energy Solution do not plan to move forward with a fourth U.S. battery cell manufacturing plant, sources told Reuters on Friday.
The companies joint venture Ultium Cells LLC in August said it was considering a site in New Carlisle, Indiana, for a fourth U.S. battery plant."We’ve been very clear that our plan includes investing in a fourth U.S. cell plant, but we’re not going to comment on speculation," GM said in a statement Friday.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Davos 2023: Greta Thunberg accuses energy firms of throwing people 'under the bus'AsiaOne has launched EarthOne, a new section dedicated to environmental issues — because we love the planet and we believe science. Find articles like this there. DAVOS, Switzerland – Greta Thunberg called on the global energy industry and its financiers to end all fossil fuel investments on Thursday (Jan 19) at a high-profile meeting in Davos with the head of...
Source: asiaonecom - 🏆 10. / 59 Read more »
Sacked GM workers in India sue company, CEO Barra for unpaid compensationNEW DELHI :A union in India has sued General Motors' local unit and its global CEO for failing to pay court-ordered compensation to sacked factory workers, deepening the U.S. automaker's struggles to exit the country years after it shuttered local operations.GM stopped selling cars in India in 2017 after year
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »