GM Sold the Battery Plant, Kept the Cells, and Rented the Inventory

General Motors signed a $4.5 billion supplier prepayment facility on August 7, sold its 49.99% stake in a $3.5 billion Indiana battery plant to Samsung SDI on August 11, and told investors on August 12 that roughly $3 billion of a $7.5 billion EV restructuring program and about $900 million of 2026 tariff cost still lie ahead. Each move swaps an owned obligation for a contracted one. The post GM…