Green Car Congress

JUNE 1, 2023

CAM are key battery materials that consist of components such as processed nickel, lithium and other materials that make up about 40% of the cost of a battery. The GM-POSCO joint venture, called Ultium CAM, will create around 200 jobs and strengthen Canada’s electric vehicle (EV) ecosystem and economy for years to come.

Canada 170

Canada GM North America Nickel Lithium 170

Green Car Congress

JULY 26, 2022

GM now has contractual commitments secured with strategic partners for all battery raw material to support our goal of 1 million units of EV capacity by the end of 2025. 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

Li-ion GM Supplies Nickel Lithium 199

Green Car Congress

NOVEMBER 17, 2016

Analysis suggests that cost parity between electric drive and internal combustion vehicles is possible under certain scenarios when battery pack costs fall below $125/kWh (useable energy). Development of Electric Traction Drive Systems. DOE is putting particular emphasis on meeting the cost target.

Carbon Fiber 150

Carbon Fiber Vehicles Nickel Lithium Low Cost 150