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GM investing $650M in Lithium Americas; offtake agreement from Thacker Pass

Green Car Congress

GM is launching a broad portfolio of trucks, SUVs, luxury vehicles and light commercial vehicles using the Ultium Platform, including the GMC HUMMER EV Pickup and SUV, GMC Sierra EV, Cadillac LYRIQ, Cadillac CELESTIQ, Chevrolet Silverado EV, Chevrolet Blazer EV, Chevrolet Equinox EV, BrightDrop Zevo 400 and BrightDrop Zevo 600.

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Building a BEV is Not a License to Use Resources Inefficiently

EV Adoption

And so to reduce GHGs as quickly as possible, this means we need those vehicle buyers to choose as their next “vehicle” purchase an alternative vehicle type or powertrain that meets their needs, budget, and use cases — including regular hybrids, PHEVs, getting rid of a car, e-bikes, mass transit, NEVs, etc.

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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 and MP Materials enter long-term supply agreement to scale rare earth magnet sourcing and production in US

Green Car Congress

Under the long-term agreement, MP Materials will supply US-sourced and manufactured rare earth materials, alloy and finished magnets for the electric motors used in the GMC HUMMER EV, Cadillac LYRIQ, Chevrolet Silverado EV and more than a dozen models using GM’s Ultium Platform, with a gradual production ramp that begins in 2023.

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

Green Car Congress

The Ultium CAM joint venture will support production of approximately 360,000 Chevrolet, Cadillac, GMC, Buick and BrightDrop vehicles annually in the 2025-2030 timeframe in North America. We’re building higher levels of vertical integration, driving expanded investment and helping create jobs across North America.

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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. Whole Energy Pacifica LLC will receive $125,274 to design, build and install a fuel-blending system at an existing biodiesel terminal in Richmond.