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General Motors Company (GM)

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  • GlobeNewswire

    Lithium Americas Receives Letter of Substantial Completion for Application to U.S. DOE ATVM Loan Program

    VANCOUVER, British Columbia, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) received a Letter of Substantial Completion from the U.S. Department of Energy (“DOE”) Loan Programs Office for its application to support the financing of its Thacker Pass lithium project (“Thacker Pass” or the “Project”) in Humboldt County, Nevada. The Letter of Substantial Completion determines that the Company’s application for the DOE’s Advanced

  • GlobeNewswire

    Lithium Americas Announces Initial Closing of $650 Million Investment from General Motors

    VANCOUVER, British Columbia, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) today announced the closing of the initial tranche, an investment of $320 million, of its previously announced $650 million investment by General Motors Co. (NYSE: GM) (“GM”). Proceeds from GM’s investment are to be used to accelerate the development of the Company’s Thacker Pass lithium project (“Thacker Pass”) located in Humboldt County, Nevada, the

  • GlobeNewswire

    GlobalFoundries and GM Announce Long-Term Direct Supply Agreement for U.S. Production of Semiconductor Chips

    MALTA, N.Y. and DETROIT, Feb. 09, 2023 (GLOBE NEWSWIRE) -- General Motors Co. (NYSE: GM) and GlobalFoundries (NASDAQ: GFS) (GF) today announced a strategic, long-term agreement establishing a dedicated capacity corridor exclusively for GM’s chip supply. Through this first-of-its-kind agreement, GF will manufacture for GM’s key chip suppliers at GF’s advanced semiconductor facility in upstate New York bringing a critical process to the U.S. This agreement supports GM’s strategy to reduce the numb