Amazon Italy Pays €180M in Compensation as Delivery Staff Probe Ends 
ExxonMobil to Shut Older Singapore Steam Cracker Amid Global Petrochemical Downturn 
Australia Moves Forward With Teen Social Media Ban as Platforms Begin Lockouts 
Bristol Myers Faces $6.7 Billion Lawsuit After Judge Allows Key Shareholder Claims to Proceed 
Momenta Quietly Moves Toward Hong Kong IPO Amid Rising China-U.S. Tensions 
Banks Consider $38 Billion Funding Boost for Oracle, Vantage, and OpenAI Expansion 
Anthropic Reportedly Taps Wilson Sonsini as It Prepares for a Potential 2026 IPO 
Apple Appoints Amar Subramanya as New Vice President of AI Amid Push to Accelerate Innovation 
Vietnam’s Growing Use of Chinese 5G Technology Raises Western Concerns 
Michael Dell Pledges $6.25 Billion to Boost Children’s Investment Accounts Under Trump Initiative 
Morgan Stanley Boosts Nvidia and Broadcom Targets as AI Demand Surges 
Tesla Faces 19% Drop in UK Registrations as Competition Intensifies 
Nexperia Urges China Division to Resume Chip Production as Supply Risks Mount 
AI-Guided Drones Transform Ukraine’s Battlefield Strategy 
EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp 
Quantum Systems Projects Revenue Surge as It Eyes IPO or Private Sale 
TSMC Accuses Former Executive of Leaking Trade Secrets as Taiwan Prosecutors Launch Investigation 
General Motors and LG Energy Solution have recognized workers’ desire to join the United Auto Workers union at their Ultium Cells EV battery factory in Tennessee. The companies will now begin the local bargaining process, following similar UAW representation at their Ohio facility in 2022.
GM and LG Acknowledge Workers’ UAW Unionization Efforts at Tennessee EV Battery Plant, Begin Bargaining
General Motors (GM) and LG Energy Solution (LGES), a joint venture in South Korea, recently acknowledged their employees' desire to join the United Auto Workers (UAW) union.
“The team at Ultium Cells in Tennessee has indicated their desire to be represented by the UAW. The parties will now move into the local bargaining process,” a GM spokesperson stated.
One of the three Ultium Cell factories from the joint venture is the electric vehicle (EV) battery facility in Tennessee, a collaboration between GM and LG Energy Solutions. According to Reuters, in 2022, employees at the joint venture's battery cell factory in Ohio also voted to join the UAW.
The UAW's agreement with the joint venture for its Ohio battery facility provides the 1,600 employees under contract with increased wages, overtime provisions, and 70 minutes of breaks per shift. U.S. President Joseph Biden spoke about the newly minted agreement between the UAW and GM.
“With the help of my Investing in America agenda, the UAW and companies like General Motors are building the future of Autos in America while we bring back good paying union jobs to communities like Lordstown,”said President Biden.
Tennessee Battery Plant Powers Cadillac Lyriq Production, Aims for 50GWh Capacity and EV Recycling Expansion
The Tennessee battery facility employs 1,000 people. It manufactures batteries for the Cadillac Lyriq electric vehicle, which General Motors manufactures. Within one month of commencing operations, the Ultium Cell factory achieved a battery yield rate of 90%. The TN battery facility is anticipated to reach a total production capacity of 50GWh, sufficient to support the production of 600,000 EVs that can travel 310 miles per single charge.
Redwood Materials collaborated with General Motors and the South Korean battery supplier to recycle the production scraps from its Ohio and Tennessee factories. GM, LGES, and Redwood Materials contribute substantially to expanding North America's electric vehicle supply chain.
