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GM doubles down on EV batteries, invests $625M in lithium project
GM (GM) is upping the ante on its EV bet, investing $625 million directly into a US-based lithium mine project. GM and miner Lithium Americas (LAC) announced the two companies will create a joint venture to develop and mine a site known as “Thacker Pass” in Humboldt County,
GM to invest $625 million in joint venture to mine EV battery raw materials in U.S.
The deal is centered on the development, construction and operation of a lithium carbonite mining operation called Thacker Pass in Humboldt County, Nevada.
GM makes a $625 million lithium-battery move to shore up its EV supply chain
General Motors is investing $625 million in the domestic EV supply chain, partnering with Lithium Americas Corp. to develop a lithium mine in Nevada.
After Nevada lithium deal, GM eyes other sources for EV minerals supply
General Motors is eyeing further North American investments in lithium and other critical minerals used to build electric vehicles after boosting its investment in a Nevada mine to nearly $1 billion earlier this week,
GM is investing almost $1 billion to ensure its access to a key mineral for EV batteries
General Motors (GM) is increasing its investment in a Nevada lithium mine and its operator to almost $1 billion as it looks to secure a long-term supply of a critical mineral for electric vehicle batteries.
General Motors to Invest $625M in JV to Source Lithium for EV Battery
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. The partnership focuses on developing,
GM backs top U.S. lithium project with $625 million investment
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 supply of the battery metal critical for electric vehicles.
GM Authority
14h
Here Are All The 2025 Chevy Equinox EV Interior Colors
Here is the GM Authority guide to all of the 2025 Chevy Equinox EV interior colorways, including three for the LT trim level ...
Techopedia
1d
GM Reaffirms 2035 Gas Car Phaseout as EV Profits Near
GM aims to phase out combustion engines by 2035, go carbon neutral, and launch 30 electric vehicles by 2025, investing $27 ...
Electrek
3d
GM CEO warns China’s EV price war is a ‘race to the bottom’ despite push for affordability
Mary Barra is sounding the alarm. GM’s CEO warned that China’s escalating EV price war is putting automakers globally ...
GM Authority
8d
GM Expects To Save $6,000 Per EV By Using LFP Battery Cells
GM Vice President, Battery and Pack Kurt Kelty has outlined some of The General's cost saving plans as they relate to driving ...
Repairer Driven News
2d
GM shares behind-the-scenes engineering of EV sounds
General Motors has given a behind-the-scenes look at how engineers, designers, musicians, and those with sound quality ...
11d
GM ditches failed Ultium battery branding as its EV sales soar
GM says it's time to embrace new cell formats and chemistries.
19h
on MSN
EV Discounts Drive U.S. Record Sales Boom In Q3, But Can It Last?
Tesla sales also rose by a reported 6.6% compared to last year, thanks to the arrival of the Cybertruck. The Model Y remains ...
Repairer Driven News
3d
GM launches EV energy storage option
GM recently launched an energy storage option for electric vehicle (EV) owners in the U.S. that gives owners the ability to ...
WOOD Grand Rapids on MSN
20h
Kalamazoo-area EV test drives aim to bridge gap between drivers, tech
Electric vehicles from Tesla, Kia, Ford and GM took to the streets Saturday as part of a Consumers Energy test drive event at ...
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