Green Car Congress

JANUARY 31, 2023

Under the agreement, GM will make a $650-million equity investment in Lithium Americas, which represents the largest-yet investment by an automaker to produce battery raw materials. Lithium carbonate from Thacker Pass will be used in GM’s proprietary Ultium battery cells. Tranche 1: GM to purchase 15.0 Earlier post.)

America 259

America GM North America Tennessee 259

Green Car Congress

OCTOBER 25, 2012

Akerson was joined by Argentina President Cristina Fernández de Kirchner; GM South America President Jaime Ardila; and GM Argentina President Isela Costantini. GM Argentina produced a record of more than 136,000 vehicles at its Rosario facility in 2011. —Isela Costantini.

Argentina 231

Argentina GM South America Chevrolet 231

Teslarati

APRIL 11, 2023

General Motors (GM) has secured a next-generation lithium extraction deal with Puerto Rico-based startup, EnergyX. This has pushed many, including GM, further down its supply chain, buying up companies and securing supplies for the future. Along with this risk, GM does have some incredible upsides.

GM 96

GM Puerto Rico America Arkansas 96

Green Car Congress

APRIL 12, 2023

GM Ventures is leading a $50-million Series B financing round in EnergyX , and has entered into a strategic agreement to develop EnergyX’s lithium extraction and refinery technology. We will unlock lithium supply in the US, a pivotal move in expanding the EV industry. Earlier post.)

GM 150

GM South America North America Bolivia 150

Green Car Congress

MAY 23, 2022

Even Tesla, despite its substantial efforts to hold the line on affordability, has suffered from the effects of war, supply chain disruptions and the rising costs of raw materials. As the price of EV batteries continues to skyrocket , major automakers ranging from Ford and GM to BMW and Volkswagen are shoring up supply chain strategies.

Industrial 343

Industrial Industry Bolivia Chile 343

Clean Fleet Report

NOVEMBER 20, 2021

domestic supply of lithium. GM projects more than $1 million in EV sales globally by 2025. Our domestic supply chain simply isn’t ready. Countries in the western world are phasing out gasoline-powered cars and rushing to lock down their lithium supplies. year over year, we don’t have nearly enough supply.

Energy 78

Energy Bolivia South America Supplies 78

Green Car Congress

JUNE 15, 2022

As reported by Barron’s last month, the firm released an analysis of China’s stranglehold on the industry that supplies lithium-ion batteries for millions of electric vehicles around the world. “It The game must be over if Brazil and Argentina have jumped ship. Those are the conclusions of Hong Kong-based Gavekal Research.

Saudi Arabia 284

Saudi Arabia Argentina North Carolina Brazil 284