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recently announced a binding agreement for a large-scale supply of Cathode Active Material (CAM) to help GM meet its fast-growing EV production needs. 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.
E) will award $39 million in funding to 16 projects across 12 states to develop market-ready technologies that will increase domestic supplies of critical elements required for the clean energy transition. Idaho National Laboratory. Johns Hopkins University. Columbia University.
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.
This investment strengthens the role of the Kuppenheim site within the global Mercedes-Benz production network and marks a decisive step for Mercedes-Benz’s sustainable business strategy as it moves towards going “Electric Only”.
General Motors has joined the Initiative for Responsible Mining Assurance (IRMA), adding another element to company programs that support the sustainability and human rights of the EV supply chain. As automotive battery demand expands globally, access to battery materials is of increasing importance.
The new recycling process will allow Ultium Cells to recycle battery materials, including cobalt, nickel, lithium, graphite, copper, manganese and aluminum. This partnership is a critical step forward in advancing our proven lithium-ion resource recovery technology as a more sustainable alternative to mining.
The site’s construction will allow for future expansion opportunities as GM continues to pursue many potential future EV supply chain projects. —Doug Parks, GM executive vice president, Global Product Development, Purchasing and Supply Chain. —Scott Bell, president and managing director, GM Canada.
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. Diversify supply sources.
Among other things, this will optimize how energy is supplied to direct current high-power charging stations, which can achieve a much higher charging capacity with a current of up to 500 amperes – thus reducing the time it takes to charge the vehicle from 10 to 80 percent by up to 30%. The cell module level is thus eliminated.
Bureau Veritas has partnered with digital platform provider OPTEL to create a traceability and sustainability assessment solution called V-Trace, which companies and government regulators can use to follow products through their supply chains, from extraction of the raw materials to final assembly.
Noting similar challenges for other OEMs, Casey Selecman, a forecast director with AutoForecast Solutions, stated, “Everyone is up against it globally, there are looming threats of shortages for nickel, lithium, graphite and cobalt.” But with hundreds of millions of dollars being poured into U.S.
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