GM

General Motors Company

35.80
USD
8.91%
35.80
USD
8.91%
30.33 67.21
52 weeks
52 weeks

Mkt Cap 51.97B

Shares Out 1.45B

Chat
Send me real-time posts from this site at my email

GM, LG Energy Solution considering Indiana for fourth U.S. battery plant

WASHINGTON, Aug 18 (Reuters) - General Motors Co GM.N and LG Energy Solution 373220.KS are considering a site in Indiana for a fourth U.S. battery cell manufacturing plant, a spokeswoman for the companies' joint venture said on Thursday. Ultium Cells LLC "is developing a competitive business case for a potential large investment that could be located in New Carlisle, Indiana," she said, adding that Ultium had submitted a tax abatement application. Production at Ultium's first U.S battery cell plant in Ohio is set to begin later this month. (Reporting by David Shepardson; Editing by Sandra Maler) ((David.Shepardson@thomsonreuters.com; 2028988324;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Welcome! Is it your First time here?

What are you looking for? Select your points of interest to improve your first-time experience:

Apply & Continue