Stellantis (STLA) Announces Board Composition Change

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GM and LG halt plans to build fourth U.S. battery plant

January 20, 2023 2:34 PM EST

The Wall Street Journal learned today, citing people familiar with the situation, that plans for General Motors (NYSE: GM) and LG Energy Solution to collaborate on a battery-cell factory have been shelved indefinitely. The report marks a pause in the growing partnership between GM and the battery supplier.

Recent talks between the companies executives ended without an agreement to move forward on what would have been the fourth U.S.... More