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

Green Car Congress

General Motors and Lithium Americas will jointly invest to develop the Thacker Pass mine in Nevada, which is the largest known source of lithium in the United States and the third-largest in the world. Lithium Americas estimates the lithium extracted and processed from the project can support production of up to 1 million EVs per year.

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Hertz, bp collaborate to accelerate EV charging in North America

Green Car Congress

Last week, Hertz announced it plans to order up to 175,000 Chevrolet, Buick, GMC, Cadillac and BrightDrop EVs over the next five years. Through large-scale purchases from Tesla, Polestar and GM, Hertz has assembled a fleet of tens of thousands of EVs, which are available at 500 Hertz locations across 38 states. Earlier post.).

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Junkyard Find: 1987 Chevrolet Sprint ER

The Truth About Cars

It was the Chevrolet Sprint ER , and I've found a nicely intact example in a car graveyard just east of Sacramento. If you want to be picky, the 198 6 Sprint ER was the gas-mileage king of 1980s America, rated at 44 city and 53 highway miles per gallon. Other Sprint models could be purchased with optional automatics that year.

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

Green Car Congress

General Motors and POSCO Future M announced the second phase of their Ultium CAM joint venture, an investment projected to exceed US$1 billion to increase production capacity of cathode active materials (CAM) in North America and integrate precursor materials production. Cell Manufacturing and R&D Dec.

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Bank of America introduces residential EV charger financing

Teslarati

Bank of America made a drastic step forward today to make at-home residential electric vehicle chargers an easier purchase for car buyers. This is not indicative of the actual cost of many new EVs, as the Chevrolet Bolt EV costs less than $30,000, for example.

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GM and POSCO Chemical to build new N America factory to process cathode active material for Ultium batteries

Green Car Congress

General Motors and POSCO Chemical plan to form a joint venture through which the parties will construct a factory in North America to process critical battery materials for GM’s Ultium electric vehicle platform. —Doug Parks, GM executive vice president, Global Product Development, Purchasing and Supply Chain.

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GM invests in Queensland Pacific Metals; nickel and cobalt from Australia

Green Car Congress

The nickel and cobalt from Queensland Pacific Metals will help power a broad portfolio of trucks, SUVs, vans and luxury vehicles from GM, including the Chevrolet Silverado EV, GMC HUMMER EV Pickup and SUV, Cadillac LYRIQ, Chevrolet Blazer EV and Chevrolet Equinox EV. The TECH Project is expected to begin construction in 2023.

Australia 259