That layoff had been extended to the end of the year, but now, all shifts will be laid off until Nov. 24, which impacts 3,200 workers. Two Ultium battery plants will also be down from January until ...
Detroit – A battery plant partly owned by General Motors is delaying the return of hundreds of workers in northeast Ohio amid continued weak demand for electric cars. Workers at the Ultium Cells plant ...
An Ohio battery plant that is jointly owned by General Motors (GM) and LG Energy Solution has delayed the return of laid-off employees until August, underscoring soft demand for electric vehicles.
Visitors look at a booth of LG Energy Solution during the InterBattery 2021 exhibition at COEX in Seoul on June 11, 2021. AFP via Getty Images/JUNG YEON-JE Roughly 850 unionized battery workers at the ...
GM beat Q1 estimates with $3.70 adjusted EPS while Ford's $3.49B EBIT was heavily inflated by a $1.3B one-time tariff benefit. GM's unified Ultium battery platform cuts manufacturing costs across all ...