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GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion

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Summary
Nutrition label

75% Informative

General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan .

The sale is part of a non-binding agreement between the two companies that's anticipated to close during the first quarter of next year .

GM 's move comes as the automaker attempts to right-size production of electric vehicles.

It also comes amid uncertainty regarding federal incentives for manufacturing and purchasing EVs in the U.S. under President-elect Trump .

VR Score

82

Informative language

85

Neutral language

72

Article tone

semi-formal

Language

English

Language complexity

62

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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