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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, POSCO Future M announce 2nd phase of CAM production in N America; adding pCAM

Green Car Congress

pCAM is a specifically engineered combination of processed raw materials necessary to produce CAM, a key battery material representing about 40% of the cost of a battery cell. Currently, CAM and pCAM processing is highly concentrated in Asia. Site selection will be announced later. 2021 - Announced long-term supply with MP Materials for U.S.-sourced

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News: Mid-Year EV Sales Hit Peak

Clean Fleet Report

It shouldn’t be surprising when you scan the list of EVs (particularly the down-list models where there are several Audis and BMWs as well as the pricey GMC Hummer ), but the average sales price for an EV during the first half of the year was $66,000, according to Kelly Blue Book. Jeep Wrangler 4xe leads PHEVs. And more are coming.

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California Energy Commission awards more than $35M for green transportation in California

Green Car Congress

Reynolds Buick-GMC will receive a buy-down incentive of $16,000 for two natural gas-fueled medium-duty vehicles of 8,501 to 14,000 pounds gross vehicle weight. Such incentives are designed to help pay the difference between the cost of conventional gas- or diesel-powered vehicles and new ones that use propane or natural gas.

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Calif. Energy Commission to award more than $44M for hydrogen refueling and alternative fuel vehicle projects

Green Car Congress

The award recipients are: The California Air Resources Board will receive $8 million in current fiscal year funds to provide additional funding for the Clean Vehicle Rebate Project for qualified electric drive vehicles. The award agreement includes a match funding share of $945,000. Garden City Sanitation, Inc., Big Valley Ford, Inc.,