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POSCO Chemical, GM in large-scale CAM supply agreement to support EV growth

Green Car Congress

POSCO Chemical and General Motors Co. CAM is a key battery material consisting of components like processed nickel, lithium and other materials representing about 40% of the cost of a battery cell. The high-nickel CAM will be produced at POSCO Chemical’s Gwayngyang facility in Korea.

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Government of Canada, Québec invest in GM-POSCO CAM plant in Québec

Green Car Congress

The Government of Canada announced support for the latest cathode active materials (CAM) facility to be operational in Canada, to be built by a joint venture between General Motors (GM) and POSCO Future M in Bécancour, Québec ( earlier post ).

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LG Chem & General Motors Reach Agreement For Long-Term Supply Of Cathode Active Material To Support EV Growth

CleanTechnica EVs

CAM is a significant battery component made up of processed nickel, lithium, and other substances that account for around 40% of the cost of a battery […]. GM and LG Chem recently announced a binding agreement for the supply of Cathode Active Material (CAM).

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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 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.

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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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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).