See every side of every news story
Get Started
SubscribeLogin
Israel-Hamas Conflict
Natural Disasters
Baseball
Social Media
Tennis
Artificial Intelligence
Donald Trump
Stock Markets
Taxes
Education
Amazon
World Cup
Soccer
Published • loading... • Updated

State board amends $600M battery project grants after GM sells stake in one plant

Summary by Michigan Live
GRAND RAPIDS, MI — A state board had transferred a $120 million, performance-based grant for a Lansing battery plant to LG Energy Solution after General Motors last year announced it was selling its stake in the factory.

10 Articles

All
Left
2
Center
4
Right
Chinook ObserverChinook Observer
+4 Reposted by 4 other sources
Center

Group14 Appoints Former General Motors Global Manufacturing EVP Gerald Johnson to Board of Directors

WOODINVILLE, Wash., March 26, 2025 /PRNewswire/ -- Group14 Technologies, the world's largest global manufacturer and supplier of advanced silicon battery materials, today announced the appointment of Mr. Gerald Johnson to its board of directors. With decades of proven leadership, Mr.…

Read Full Article
Bridge MichiganBridge Michigan
Lean Left

GM, LG Energy Solution to divvy up state subsidy, still pledge 3,200 new jobs

The state doled out $600 million in its first mega-subsidy deal. Now, sale of a Lansing battery factory has prompted an award split between GM and LG Energy Solution.

Read Full Article
Michigan LiveMichigan Live
Center

State board amends $600M battery project grants after GM sells stake in one plant

GRAND RAPIDS, MI — A state board had transferred a $120 million, performance-based grant for a Lansing battery plant to LG Energy Solution after General Motors last year announced it was selling its stake in the factory.

·Michigan, United States
Read Full Article
CBT Automotive NetworkCBT Automotive Network

LG Energy Solution set to receive $120M grant for Lansing EV battery plant

LG Energy Solution (LGES)  has officially taken over a $2.5 billion electric vehicle battery plant in Lansing and Delta Township after acquiring General Motors’s stake in the project. The Michigan Strategic Fund Board approved amendments Tuesday, transferring a $120 million performance-based grant from Ultium Cells LLC to LG Energy Solution, ensuring the development moves forward under its sole ownership. Officials have noted the 2.8-million-squ…

Read Full Article
crainsgrandrapids.comcrainsgrandrapids.com

State approves incentives transfer to LG Energy after GM exits EV battery plant

A state board overseeing economic development deals has approved the transfer of incentives for a $2.5 billion electric vehicle battery plant in Lansing after General Motors Co. exited the project. The Michigan Strategic Fund voted Tuesday to allow LG Energy Solution Inc. to be the sole recipient of a $120... Please login to read all 488 words.

·Grand Rapids, United States
Read Full Article
Korea JoongAng DailyKorea JoongAng Daily

LG Energy worker killed by forklift at battery plant in Georgia

A worker was killed in a forklift accident at the joint battery plant of LG Energy Solution and Hyundai Motor in Georgia on Friday.

·Seoul, Korea, Republic of
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 67% of the sources are Center
67% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Korea JoongAng Daily broke the news in Seoul, Korea, Republic of on Tuesday, March 25, 2025.
Sources are mostly out of (0)

Similar News Topics

GM

GM

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.

News
For You
SearchBlindspotLocal