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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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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. Livent will provide battery-grade lithium hydroxide to GM over a six-year period beginning in 2025.

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The Importance of Recycling and Repurposing EV Batteries

Setec Powerr

However, this shift introduces a new challenge: the recycling of EV batteries. These batteries, essential to the operation of EVs, eventually reach the end of their life cycle. This duration is influenced by several factors: Battery Type: Different battery chemistries have varying lifespans.

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GM commits $400M to new Canadian battery materials plant for Ultium platform

Teslarati

General Motors is set to build a new $400 million battery materials plant in Canada with South Korean company POSCO Chemical, adding to the automaker’s already-massive spending plan for the transition to electric vehicles. The plant will produce cathode materials for GM’s Ultium battery platform.

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DOE to issue $47M FY17 Vehicle Technologies program-wide funding opportunity

Green Car Congress

The US Department of Energy (DOE) will soon issue its FY17 Vehicle Technologies Program Wide Funding Opportunity Announcement ( DE-FOA-0001701 ). The upcoming FOA may include the following areas of interest (AOI): Advanced Technology Battery Cell Development. DOE is putting particular emphasis on meeting the cost target.

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This is Volkswagen’s Brilliant Strategy To Dominate The EV Market!

Get Electric Vehicle

One-third of the cost of an electric car goes to its batteries. An electric vehicle (EV) uses the same rechargeable lithium-ion batteries that power your laptop or smartphone required. These batteries bigger and can produce a lot more power. Why Electric Cars Are Expensive ? The Action Plan. But there is more. #1.

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