Remove All-Electric Remove Batteries Remove Cost Of Remove Nickel Lithium
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Government of Canada, Québec invest in GM-POSCO CAM plant in Québec

Green Car Congress

CAM are key battery materials that consist of components such as processed nickel, lithium and other materials that make up about 40% of the cost of a battery. The project was first announced in March 2022 to supply General Motors’ fast-expanding battery production in North America.

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GM and POSCO Chemical to process cathode active material at new $400M joint venture plant in Québec

Green Car Congress

General Motors and POSCO Chemical are working with the governments of Canada and Québec to build a new $400-million facility in Bécancour, Québec, to produce cathode active material (CAM) for GM’s Ultium batteries, which will power electric vehicles such as the Chevrolet Silverado EV, GMC HUMMER EV and Cadillac LYRIQ. Earlier post.)

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GM signs major Li-ion supply chain agreements: CAM with LG Chem and lithium hydroxide with Livent

Green Car Congress

General Motors announced two major Li-ion battery supply chain agreements, one with LG Chem for cathode active material (CAM), and one with Livent for the supply of battery-grade lithium hydroxide. Livent will provide battery-grade lithium hydroxide to GM over a six-year period beginning in 2025.

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GM commits $400M to new Canadian battery materials plant for Ultium platform

Teslarati

General Motors is set to build a new $400 million battery materials plant in Canada with South Korean company POSCO Chemical, adding to the automaker’s already-massive spending plan for the transition to electric vehicles. The plant will produce cathode materials for GM’s Ultium battery platform.

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The Importance of Recycling and Repurposing EV Batteries

Setec Powerr

The transition to electric vehicles (EVs) represents a significant step towards environmental sustainability. However, this shift introduces a new challenge: the recycling of EV batteries. These batteries, essential to the operation of EVs, eventually reach the end of their life cycle.

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DOE to issue $47M FY17 Vehicle Technologies program-wide funding opportunity

Green Car Congress

The upcoming FOA may include the following areas of interest (AOI): Advanced Technology Battery Cell Development. Analysis suggests that cost parity between electric drive and internal combustion vehicles is possible under certain scenarios when battery pack costs fall below $125/kWh (useable energy). Earlier post.)

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This is Volkswagen’s Brilliant Strategy To Dominate The EV Market!

Get Electric Vehicle

The story of Tesla’s Model S also is the same they have revolutionized the electric vehicle industry and the way we look at electric cars. Why Electric Cars Are Expensive ? One-third of the cost of an electric car goes to its batteries. These batteries bigger and can produce a lot more power.

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