The joint venture between General Motors and LG Chem has taken another step towards start of production of Ultium battery cells with the completion of the steel work for the new manufacturing facility at Lordstown, Ohio
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GM is investing $500M in Lansing Grand River Assembly with a DOE grant to electrify production, reinforcing the OEMs commitment to US manufacturing
Major leadership changes at GM as Gerald Johnson retires after 44 years. Google’s Jens Peter Clausen steps in while Mike Abbott steps down for health reasons.
GM’s recent acquisition of TEI, a company with a notable history of collaboration with Tesla in pioneering gigacasting technology, has set the automotive industry abuzz. With an estimated value approaching $100m the strategic move may indicated GM’s positioning to bolster its manufacturing capabilities in gigacasting.
