General Motors, Lithium Americas
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 Invest $625M in JV to Source Lithium for EV Battery
General Motors Company GM has entered into a joint venture (JV) with Lithium Americas Corp. LAC. Per the JV, the automaker will supply $625 million in cash and credit to the Canadian mining company. The partnership focuses on developing,
General Motors to invest $625m in Lithium Americas JV
General Motors (GM) will acquire a 38% stake in Thacker Pass for a total of $625m, with $430m in cash to aid Phase 1 construction.
General Motors to contribute $625M in cash, credit to new JV with Lithium Americas
Lithium Americas surges as it announces new joint venture with General Motors for Thacker Pass construction, replacing previous equity commitment.
General Motors increases investment in lithium mine to nearly $1bn
US carmaker seeks to secure supply of metal expected to suffer shortfalls because of rising demand in switch to EVs
GM makes a $625 million lithium-battery move to shore up its EV supply chain
General Motors is investing $625 million in the domestic EV supply chain, partnering with Lithium Americas Corp. to develop a lithium mine in Nevada.
General Motors To Invest $625m In Lithium Americas To Boost US EV Production
General Motors is set to invest $625m in Lithium Americas’ Thacker Pass project, boosting EV production,reducing reliance on China.
GM Strengthens Lithium Supply Chain with US$625 Million Investment in Thacker Pass
General Motors (GM) (NYSE:GM) is strengthening its connection toLithium Americas (TSX:LAC,NYSE:LAC) via a joint venture centered on advancing the Thacker Pass lithium project in Humboldt County, Nevada.
Lithium Americas, General Motors Holdings To Establish New JV
(RTTNews) - Lithium Americas Corp. (LAC.TO, LAC) 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, Nevada.
Mine Deal With GM Sends Lithium Americas Stock Flying
Key Takeaways Lithium Americas and General Motors have formed a joint venture to extract lithium from the Thacker Pass site ...
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General Motors founds joint venture for lithium production
Lithium producer Lithium Americas has entered into a new investment agreement with automotive company General Motors to form ...
Lithium Americas: The Unloved Market Is Getting Some Attention
New ownership structure of Thacker Pass, with Lithium Americas holding 62% and General Motors 38%, is a positive development.
GM Backs Top US Lithium Project With $625 Million Investment
General Motors Inc will commit $625 million toward what’s likely to be one of the biggest US lithium mines, reinforcing the ...