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

Green Car Congress

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

Green Car Congress

pCAM is a specifically engineered combination of processed raw materials necessary to produce CAM, a key battery material representing about 40% of the cost of a battery cell. sourced and manufactured rare earth materials, alloy and finished magnets. Cell Manufacturing and R&D Dec. Site selection will be announced later.

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

Green Car Congress

—Jeff Morrison, GM vice president, Global Purchasing and Supply Chain. CAM is a key battery material consisting of components such as processed nickel, lithium and other materials representing about 40% of the cost of a battery cell.

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Teslas are worth longer term auto loans, study finds

Teslarati

Car buyers who ultimately end up purchasing Tesla electric vehicles end up having the longest average auto term loans, a new study from LendingTree says. months, GMC at 64.6 months, GMC at 64.6 The same data showed Tesla has an average vehicle cost of $55,085 , more than $10,000 more than the average cost of a new car.

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ASG life-cycle study finds aluminum Ford F-150 “Best Full-size Truck of 2015” from environmental and economic perspective

Green Car Congress

According to ASG, the 2015 F-150 holds the smallest life-cycle carbon footprint and lowest cost of ownership of any full-size truck in the North American market today. In the Mid-size truck segment, the return of the GMC Canyon and Chevrolet Colorado shook up this segment. Best Social Performance: Chevrolet Colorado/GMC Canyon.

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What You Need To Know About Pickup EVs

Clean Fleet Report

Heavier electric vehicles are becoming more common as EV battery technology becomes more reliable and powerful and shows up in larger vehicles, like the GMC Hummer pickup and Audi Q8, among others. The initial cost of electric vehicles is still much higher than standard ones. This article may contain affiliate links.

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GM boosting EV product spending to $27B through 2025; 1st use of Li-metal anode in GM battery

Green Car Congress

We can accelerate our EV plans because we are rapidly building a competitive advantage in batteries, software, vehicle integration, manufacturing and customer experience. Cadillac, GMC, Chevrolet and Buick will all be represented, with EVs at all price points for work, adventure, performance and family use. —Mary Barra.

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