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General Motors to sell stake in electric-vehicle battery plant

LG Energy cuts deal for space at Michigan industrial property

General Motors said this 2.8 million-square-foot industrial facility near Lansing, Michigan, is nearing completion. GM and LG Energy plan to manufacture batteries for electric vehicles here. (CoStar)
General Motors said this 2.8 million-square-foot industrial facility near Lansing, Michigan, is nearing completion. GM and LG Energy plan to manufacture batteries for electric vehicles here. (CoStar)

General Motors has agreed to sell its ownership stake in an electric vehicle battery manufacturing facility near Lansing, Michigan, to LG Energy Solution in the latest shake-up for the emerging industry sector.

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