LANSING - The Strategic Fund Board approved amendments to the MSF incentives authorized in January 2022 for the construction of an Ultium battery manufacturing facility in Lansing, originally a joint venture between GM and LG Energy Solution (LGES). Through the sale of GM’s portion of the battery plant and 100% transfer of state incentives already
DETROIT - GM is setting out into both the train and aircraft world with its Ultium battery and hydrogen fuel cell technology. Just this week, GM announced it would work together with Wabtec locomotives for trains and Liebherr-Aerospace for planes. To be more specific, GM is planning on collaborating with Wabtec to develop and commercialize its Ultium
DETROIT—Officials at General Motors Co. announced plans to spend more than $27 billion to roll out 30 new electric vehicles over the next five years. The company said that during that time, its Ultium battery packs will cost 60 percent less than today’s packs with twice the energy density. And to counter fears of range
