US government to take 5% stake in Lithium Americas and joint venture with GM, source says
PositiveFinancial Markets

The US government is set to acquire a 5% stake in Lithium Americas and establish a joint venture with General Motors. This move is significant as it underscores the government's commitment to boosting domestic lithium production, which is crucial for electric vehicle batteries. By partnering with a major automaker like GM, the initiative aims to enhance the supply chain for clean energy technologies, ultimately supporting the transition to a greener economy.
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