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GM to invest nearly $800M to convert CAMI into Canada’s 1st large-scale commercial EV plant; EV600 first

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Subject to ratification of a tentative 2021 agreement reached with Unifor and confirmation of government support, General Motors plans to bring production of its recently announced BrightDrop electric light commercial vehicle, the EV600 ( earlier post ), to its CAMI manufacturing plant in Ingersoll, Ontario. billion (C$1.3

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Lightning eMotors announces production launch of GM-based ZEV4 work trucks

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Lightning eMotors announced the production launch of its next generation General Motors (GM)-based Lightning ZEV4 work trucks. To help accelerate fleet vehicle electrification efforts, a number of state and federal level funding programs are available across North America to help offset the cost significantly.

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Lithium-ion battery recycler ABTC expands operations and capacity with newly purchased facility

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Most recently in November 2022, ABTC was selected for a competitive US DOE grant for a $20-million project to develop and commercialize a set of next-generation battery recycling technologies to even further enhance the recovery of recycled products and reduce the cost of operations.

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Benchmark: battery demand for manganese set to increase 8-fold this decade

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Manganese is a crucial element in nickel cobalt manganese (NMC) cathodes and can be used to improve the range of electric vehicles at a relatively low cost. Automotive companies are increasingly turning to manganese-intensive forms of battery chemistry due to lower cost structures and improved performance.

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NREL and GM announce multi-year R&D partnership to reduce cost of automotive fuel cells

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The Energy Department’s National Renewable Energy Laboratory (NREL) and General Motors (GM) are partnering on a multi-year, multi-million dollar joint effort to accelerate the reduction of automotive fuel cell stack costs through fuel cell material and manufacturing research and development (R&D). Earlier post.).

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Electric pickup startup Lordstown Motors goes public via SPAC; $1.6B transaction

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Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercial fleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). billion transaction provides Lordstown Motors with $675 million of gross proceeds.

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GM reveals new Ultium batteries and flexible global platform for rapid growth of EV lineup

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At an event in the GM Tech Center campus in Warren, Michigan, General Motors unveiled the core of its new strategy to grow the company’s EV sales quickly, efficiently and profitably. Photo by Steve Fecht for General Motors). GM claims that the first generation of its future EV program will be profitable.

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