InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,499.34
(
0.30%
)
US TECH 100
19,328.80
(
0.33%
)
Dow Jones
39,268.68
(
0.27%
)
Brent Oil
84.93
(
-0.57%
)
Bitcoin
60,850.03
(
-1.23%
)
Post# of 332
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

TradingCharts

Send PM Follow Ignore
Followers 53
Posts 11058
Boards Moderated 11
Alias Born 06/25/2009

TradingCharts

Re: TradingCharts post# 40

Sunday, 01/29/2023 8:34:17 PM

Sunday, January 29, 2023 8:34:17 PM

Post# of 332

WASHINGTON, Jan 20 (Reuters) - General Motors Co (GM.N) and LG Energy Solution (373220.KS) do not plan to move forward with a fourth U.S. battery cell manufacturing plant, two sources told Reuters on Friday.

The companies' joint venture Ultium Cells LLC said in August it was considering a site in New Carlisle, Indiana, for a fourth U.S. battery plant, expected to cost around $2.5 billion.

"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 on Friday

.

Read the rest here.

https://www.reuters.com/technology/gm-lg-energy-drop-plan-fourth-us-jv-battery-plant-2023-01-20/

If THEIR IS ONE THING I AM SURE ABOUT IS I AM USUALLY WRONG

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up