article thumbnail

Government of Canada, Québec invest in GM-POSCO CAM plant in Québec

Green Car Congress

The Government of Canada announced support for the latest cathode active materials (CAM) facility to be operational in Canada, to be built by a joint venture between General Motors (GM) and POSCO Future M in Bécancour, Québec ( earlier post ).

Canada 170
article thumbnail

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

Green Car Congress

POSCO Chemical and General Motors Co. 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.

GM 334
article thumbnail

LG Chem & General Motors Reach Agreement For Long-Term Supply Of Cathode Active Material To Support EV Growth

CleanTechnica EVs

The deal will assist GM in meeting its increased EV production demands. CAM is a significant battery component made up of processed nickel, lithium, and other substances that account for around 40% of the cost of a battery […].

article thumbnail

LG Chem and GM Reach Agreement for Long-Term Supply of Cathode Active Material to Support EV Growth

Electric Cars Report

LG Chem and General Motors announced today a binding agreement for the supply of Cathode Active Material (CAM) from LG Chem to GM. The supply agreement will help GM meet its fast-growing EV production needs.

GM 139
article thumbnail

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

Green Car Congress

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.

article thumbnail

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.

Li-ion 199
article thumbnail

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.)

GM 243