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POSCO Chemical, GM in large-scale CAM supply agreement to support EV growth

Green Car Congress

CAM is a key battery material consisting of components like processed nickel, lithium and other materials representing about 40% of the cost of a battery cell. The high-nickel CAM will be produced at POSCO Chemical’s Gwayngyang facility in Korea. This includes lithium, nickel, cobalt and full CAM supply.

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Ultium Cells and Li-Cycle collaborate to expand recycling in North America

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Ultium Cells LLC, a joint venture between General Motors and LG Energy Solution, announced an agreement with Li-Cycle to recycle up to 100% of the material scrap from battery cell manufacturing. Ninety-five percent of these materials can be used in the production of new batteries or for adjacent industries. Ultium cells in module.

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

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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 and POSCO Chemical to process cathode active material at new $400M joint venture plant in Québec

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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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Tsinghua researchers conclude surging lithium price will not impede EV boom

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Despite tight supply and high-point price fluctuation of lithium, the electric vehicle market is expected to maintain steady growth for the next few years. The price of lithium is likely to fall back to its pre-surge level by around 2025, according to the study, published in the journal Joule. —Sun et al.

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GM joins IRMA to certify sustainability and human rights in EV supply chain

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As automotive battery demand expands globally, access to battery materials is of increasing importance. In recent months, GM has announced: The company will reduce the use of cobalt, one of the mined materials essential to battery manufacturing. GM’s Ultium battery system requires 70% less cobalt.

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BMW Group shifting to cylindrical BMW cells in NEUE KLASSE from 2025; 46xx

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The BMW Group will launch a new era of e-mobility from 2025 with the models of its NEUE KLASSE ( earlier post )— using newly-developed cylindrical battery cells optimized for the new architecture for the first time. The battery system plays a key role in the body structure of the NEUE KLASSE.

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