StocksMedium•11 November 2026•
1 min read
General Motors to Invest $650 Million in Thacker Pass Lithium JV
Key Facts
1General Motors Holdings LLC plans to provide $650 million in funding to the Thacker Pass joint venture to meet incremental capital requirements.
General Motors Holdings LLC plans to provide $650 million in funding to the Thacker Pass joint venture to meet incremental capital requirements. Benzinga reported that the commitment follows a 31% increase in the project's cost estimate.
The investment is part of General Motors' strategy to secure its electric vehicle battery supply chain through the lithium mining project. GM closed at $88.69 on November 10, 2026, after trading between a session low of $88.35 and a high of $89.44.