GM to invest $625 million in joint venture to mine EV battery raw ...
22 hours ago · DETROIT — General Motors has agreed to establish a joint venture with Lithium Americas Corp. that includes the automaker supplying $625 million in cash and credit to the Canadian mining business ...
General Motors to contribute $625 million to new JV with Lithium ...
1 day ago · Oct 16 (Reuters) - Canadian miner Lithium Americas (LAC.TO), opens new tab said on Wednesday General Motors (GM.N), opens new tab will contribute $625 million to their new joint venture for ...
General Motors to contribute $625 million to new JV with Lithium ...
1 day ago · The new agreement replaces the delayed investment worth $330 million in August by both companies. Earlier this year, the U.S. Department of Energy had planned to lend Lithium Americas up to $2.26 ...
GM Backs Biggest US Lithium Project With $625 Million Investment
1 day ago · General Motors Inc will commit $625 million toward what’s likely to be one of the biggest US lithium mines, reinforcing the automaker’s efforts to secure domestic supply of the battery metal ...
General Motors increases investment in lithium mine to nearly $1bn
21 hours ago · 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 ...
New Electric Vehicle Battery Technology | General Motors
GM reveals its new modular platform and Ultium batteries that will power electric vehicles in every segment. Learn how GM's technology delivers outstanding design, performance, range and affordability for its EV portfolio.
GM invests in next-generation U.S. EV battery facility - GM News
Oct 5, 2021 · Today, General Motors announced the Wallace Battery Cell Innovation Center, an all-new facility that will significantly expand the company's battery technology operations and accelerate development and commercialization of longer …
GM and Lithium Americas invest in U.S. lithium EV battery ... - GM News
Jan 31, 2023 · General Motors and Lithium Americas Corp. announced today they will jointly invest to develop the Thacker Pass mine in Nevada, which is the largest known source of lithium in the United States and the third largest in the world.
GM ditching 'Ultium' name for batteries and tech amid EV changes - NBC News
General Motors revealed its all-new modular platform and battery system, Ultium, in March 2020 at its Tech Center campus in Warren, Mich. Steve Fecht for General Motors Oct. 9, 2024, 5:33 …
General Motors Drops Ultium Name, Announces New Battery …
Oct 9, 2024 · General Motors announced a plan to drop the Ultium name from its EV batteries and technology, though the batteries themselves will still be used. The company also announced plans for a new...