LG Energy Solution and General Motors are selling $2 billion assets to their U.S. joint venture

From Investing.com: 2025-04-01 02:53:00

LG Energy Solution, a South Korean battery maker, and General Motors are set to sell $2 billion worth of assets to their U.S. joint venture. The move is aimed at expanding the JV’s production capacity for electric vehicle batteries in the United States. This strategic decision reflects the growing demand for EVs in the market.



Read more at Investing.com: LG Energy Solution, General Motors JV to sell $2 billion assets to U.S. unit