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Magna to supply battery enclosures for Silverado EV

Green Car Congress

Magna has secured new business from General Motors (GM) to supply battery enclosures on the all-new 2024 Chevrolet Silverado EV. We have been able to leverage our expertise to supply battery enclosures—a product for which we see strong potential going forward. Production is expected to begin later in 2023.

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Magna To Supply Battery Enclosures Business on the Chevrolet Silverado EV

Electric Cars Report

Mobility technology company Magna has secured new business from General Motors to supply battery enclosures on the all-new 2024 Chevrolet Silverado EV. Magna recently announced significant […] The post Magna To Supply Battery Enclosures Business on the Chevrolet Silverado EV appeared first on Electric Cars Report.

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GM expects Chevrolet Silverado EV to get full $7,500 tax credit

Teslarati

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. Fleet customers including for BrightDrop and the Chevrolet Silverado EV will benefit from the $7,500 commercial incentive,” stated General Motors. The Ultium line will likely adhere to the U.S.

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GM and Glencore enter multi-year cobalt supply agreement

Green Car Congress

Glencore and General Motors announced a multi-year sourcing agreement in which Glencore will supply GM with cobalt from its Murrin Murrin operation in Australia. Cobalt is a metal that makes up only 0.001% of the earth’s crust.

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Vale and GM sign long-term nickel supply agreement in Canada

Green Car Congress

and General Motors signed a term sheet for the long-term supply of battery grade nickel sulfate from Vale’s proposed plant at Bécancour, Québec, Canada. This agreement secures for GM a supply of nickel sulfate from a US free-trade partner to support GM’s fast-growing EV production needs in North America.

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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. —Jeff Morrison, GM vice president, Global Purchasing and Supply Chain.

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GM and MP Materials enter long-term supply agreement to scale rare earth magnet sourcing and production in US

Green Car Congress

General Motors and MP Materials ( earlier post ) have formed a strategic collaboration to develop a fully integrated US supply chain for rare earth magnets. Neodymium-iron-boron (NdFeB) magnets are critical inputs that enable electric motors to transform electricity into motion.

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