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General Motors’ homemade version of the low-cost power option favored by China’s auto industry will hit three years before ...
GM has contractually secured all battery raw material to support its goal of 1 million units of EV capacity in North America by the end of 2025 PHILADELPHIA and DETROIT, July 26, 2022 /PRNewswire ...
US carmaker General Motors has increased its investment in a lithium mine to nearly $1bn as it seeks to secure the long-term supply of a metal that is crucial to the production of electric vehicle ...
Lithium Americas and General Motors are entering a $625-million joint venture to develop a lithium mining operation in Nevada. The infusion of support from GM should help Lithium Americas to ...
General Motors Co on Tuesday said it will invest in lithium technology startup EnergyX as it expands further into the mining industry, the latest deal by the car maker to ensure long-term supplies ...
General Motors Company GM has entered into a joint venture (JV) with Lithium Americas Corp. LAC. Per the JV, the automaker will supply $625 million in cash and credit to the Canadian mining company.
To that end, automakers are ramping up efforts to electrify with a range of new EVs, including General Motors, which has announced plans to launch 30 new EV models globally by 2025.
GM And Lithium Americas Strike $650 Million Investment Agreement GM's investment will help develop the largest known source of lithium in the US, and GM will get sole access to Phase 1 production.
General Motors strikes a deal to source lithium in the US for its electric car batteries. ... General Motors has struck a deal with a mining ... general director electrification strategy and cell ...
General Motors (GM) is set to make a whopping investment of $650 million in lithium production company Lithium Americas (LAC) to gain exclusive access to the key components of EV batteries.