article thumbnail

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

Green Car Congress

—Jeff Morrison, GM vice president, Global Purchasing and Supply Chain. CAM is a key battery material consisting of components such as processed nickel, lithium and other materials representing about 40% of the cost of a battery cell.

Li-ion 199
article thumbnail

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.

GM 243
article thumbnail

Does EV home-backup capability outmode the Tesla Powerwall?

Baua Electric

GM last week announced details regarding its vehicle-to-home (V2H) system, set to launch with the Chevrolet Silverado EV RST , that will help EV owners back up their home without the help of a storage battery like a Tesla Powerwall or a backup generator. in future updates,” said spokesperson Sanaz Marbley to Green Car Reports.

GM 52
article thumbnail

Opinion: Why Choosing the Right Car Is More Important than Ever

Clean Fleet Report

In addition to the cost of the vehicle itself, you’ll also need to invest in things like insurance, potential modifications and so on. Your Purchase Decision Will Define What You Can Do. Lastly, we can’t forget about operating costs, and how your purchase decision might affect them. Some Cars Can Become Passion Projects.

Cars 67
article thumbnail

General Motors sidesteps loss of EV tax credit to offer big discounts for customers

Teslarati

However, GM told dealers today that it would be providing the equivalent EV tax credit purchase amount on any car that is now ineligible due to updated guidelines, Detroit Free Press said. Additionally, the Equinox EV, GMC Sierra EV, Cadillac OPTIQ, and Silverado EV will be eligible for the full incentive.

article thumbnail

Electric Vehicle Spotlight: Financing a Chevrolet Bolt EUV

EV Life

Budget models like the Chevrolet Bolt EV, SUV crossovers like the Equinox Blazer EV, electric versions of popular legacy models like the Blazer EV, and high-performance trucks like the Silverado EV make up what is becoming an impressive lineup of all-electric options. But the low sticker price is not the end of your potential savings.

article thumbnail

GSA To Make 5,600 Hybrids Available To Federal Agencies, Including 100 Plug-In Hybrids; Cost Still An Issue

Green Car Congress

GSA previously purchased 1,600 hybrid vehicles using revenue from the sale of older vehicles that agencies exchanged last year when they received funds for new vehicles through the American Reinvestment and Recovery Act (ARRA) of 2009. DOE paid for the additional cost of leasing hybrid vehicles. They’re very expensive vehicles.

Hybrid 220