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Article Summary
- GM partnering with LG Chem to build new battery cell plant
- Plant will be located in Ohio
- Investment of $2.3 billion for the plant
- Expected to create over 1,100 new jobs
- Focus on producing batteries for electric vehicles Tone: Positive and forward-looking
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GM To Sell Stake In Battery Cell Plant To Joint Venture Partner For Roughly $1 Billion
General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner LG Energy Solution.
https://www.cnbc.com/2024/12/02/gm-battery-cell-pl...
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