Green Car Congress

APRIL 16, 2022

Benchmark Mineral Intelligence has launched a Lithium-ion Battery Raw Material Price Index. The index is published every month for the following lithium ion battery chemistries: NCM High-Nickel (8 and 9 series blends, e.g. NCM 811, NCM 9). NCM Mid-Nickel (5, 6, and 7 series blends, e.g., NCM 523, NCM 622).

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Li-ion Price Lithium Ion Nickel Lithium 335

Green Car Congress

AUGUST 29, 2022

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. This includes lithium, nickel, cobalt and full CAM supply.

GM 334

GM Supplies Nickel Lithium Tennessee 334

Green Car Congress

JUNE 1, 2023

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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Canada GM North America Nickel Lithium 170

CleanTechnica EVs

JULY 29, 2022

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).

General Motors 85

General Motors Nickel Lithium Supplies GM 85

Green Car Congress

JULY 26, 2022

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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Li-ion GM Supplies Nickel Lithium 199

Green Car Congress

MARCH 8, 2022

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 North America Fort Worth Canada 243

Teslarati

MARCH 7, 2022

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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GM Batteries Battery General Motors 74