GM Sells Part of EV Battery Plant. Focus on the Cash.
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General Motors (GM) is selling its portion of a battery plant in Lansing, Michigan, to its partner LG Energy Solution. This move is part of GM's strategy to focus on cash management.

December 02, 2024 | 9:30 pm
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GM is selling its stake in a Lansing battery plant to LG Energy Solution, indicating a strategic focus on cash management.
The sale of GM's stake in the battery plant suggests a strategic shift towards cash management. While this may not immediately impact GM's stock price, it reflects a focus on financial stability and resource allocation.
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