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Magna to supply battery enclosures for Silverado EV

Green Car Congress

Magna has secured new business from General Motors (GM) to supply battery enclosures on the all-new 2024 Chevrolet Silverado EV. Clair, Michigan, where it already produces the battery enclosure for the GMC HUMMER EV. Production is expected to begin later in 2023. F150 Lightning battery enclosure.

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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

General Motors and MP Materials ( earlier post ) have formed a strategic collaboration to develop a fully integrated US supply chain for rare earth magnets. This strategic collaboration seeks to accelerate the restoration of the US rare earth supply chain at commercial scale with high resiliency and environmental sustainability.

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GM and Glencore enter multi-year cobalt supply agreement

Green Car Congress

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.

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Vale and GM sign long-term nickel supply agreement in Canada

Green Car Congress

and General Motors signed a term sheet for the long-term supply of battery grade nickel sulfate from Vale’s proposed plant at Bécancour, Québec, Canada. This agreement secures for GM a supply of nickel sulfate from a US free-trade partner to support GM’s fast-growing EV production needs in North America.

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GM EV production targets deemed unlikely thanks to supply chain woes

Teslarati

According to a new analysis of General Motors’ (GM) EV production, its goal for 2025 may be overly-optimistic. However, with a bold plan to introduce numerous new electric models and ramp production to 1 million units annually by 2025, many saw a silver lining to GM’s predicament.

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

Green Car Congress

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. —Jeff Morrison, GM vice president, Global Purchasing and Supply Chain.

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GM to hike Hummer EV prices by $6,250 on Saturday

Teslarati

General Motors said earlier today it would increase the price of its Hummer EV, manufactured under the GMC brand, by $6,250. GM said the increase in price was due to higher prices for parts, technology demands, and logistics as the global supply chain crisis continues to rage on. Price hikes are effective starting this Saturday.

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