Green Car Congress

DECEMBER 10, 2021

General Motors and MP Materials ( earlier post ) have formed a strategic collaboration to develop a fully integrated US supply chain for rare earth magnets. Neodymium-iron-boron (NdFeB) magnets are critical inputs that enable electric motors to transform electricity into motion.

GM 221

GM Supplies North America Fort Worth 221

Green Car Congress

APRIL 13, 2022

Glencore and General Motors announced a multi-year sourcing agreement in which Glencore will supply GM with cobalt from its Murrin Murrin operation in Australia. The company will then expand into magnet manufacturing around 2025 at its new production facility in Fort Worth, Texas.

GM 459

GM Supplies Fort Worth Australia 459

Green Car Congress

FEBRUARY 23, 2022

It will also enable the company to recycle all recoverable rare earths from end-of-life magnets and magnet production scrap, increasing the resiliency and environmental sustainability of the domestic supply base. Earlier post.). MP Materials’ operations provide certainty of US provenance and sustainability.

Fort Worth 199

Fort Worth Silverado North America Hummer 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. Earlier post.)

GM 243

GM North America Fort Worth Canada 243

Teslarati

AUGUST 27, 2021

Sources also stated that Rivian would seek an $80 billion valuation, which would make it the sixth-most valuable car company in the world, displacing General Motors with a valuation of $72.22 production plant despite initial deliveries taking place next month. Daimler is fifth with an $89.76 billion valuation. Photo: Rivian).

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Fort Worth F-150 General Motors 2020 98