General Motors (GM) Announces Lithion Investment and Strategic Partnership Agreement

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/24/2026

1. DECK
2. RNG
3. WDC
4. BYD
5. SPOT
6. WCN
7. BMY
8. FIX
9. TSCO
10. BE

Go back to General Motors (GM) Announces Lithion Investment and Strategic Partnership Agreement

GM and Lithion Announce an Investment and Strategic Partnership Agreement to Pursue a Circular EV Battery Ecosystem

September 22, 2022 7:00 AM EDT

MONTREAL and DETROIT, Sept. 22, 2022 /PRNewswire/ -- Lithion Recycling Inc. ("Lithion") and General Motors Co. (NYSE: GM) today announced that GM Ventures, the automaker's investment arm, has made a strategic investment in Lithion's Series A financing round, supporting a new GM-Lithion strategic partnership agreement to pursue a circular battery ecosystem using Lithion's advanced battery recycling technology.

This collaboration between GM and Lithion will focus on:

Validation of Lithion's recovered battery materials for use in the production of new... More

Hertz and GM Plan Major EV Expansion

September 20, 2022 12:00 PM EDT

Hertz plans to order up to 175,000 EVs from GM over the next five years Hertz to offer Chevrolet, Buick, GMC, Cadillac and BrightDrop EVs across multiple vehicle categoriesDeliveries of Chevrolet Bolt EV and Bolt EUV expected to begin in the first quarter of 2023

ESTERO, Fla. and DETROIT, Sept. 20, 2022 /PRNewswire/ -- Hertz (NASDAQ: HTZ) and General Motors Co. (NYSE: GM)... More