General Motors is investing in the lithium producer Lithium Americas, thus securing access to the Thacker Pass mine in Nevada, the largest known source of lithium in the USA and the third largest in the world. In addition, GM has secured its supply for another component for its electric cars with a German company.
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General Motors and LG Energy Solution are apparently not pursuing their plan for a fourth joint battery cell plant in the USA. GM could instead build the planned plant in Indiana with a new partner at its side.
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Ultium Cells, the General Motors joint venture with LG Energy Solutions (LGES), has received $2.5 billion through the US Department of Energy (DoE). Ultium Cells is reportedly working to set up at least three battery cell factories in the USA.
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Ultium Cells, the battery cell joint venture between General Motors and LG Energy Solution, is investing further money in its second plant in Spring Hill in the US state of Tennessee even before the start of operations in order to expand production capacities from the previously planned 35 GWh to 50 GWh per year.
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General Motors has postponed its goal of delivering a total of 400,000 electric vehicles in North America by the end of 2023 by six months. As GM CEO Mary Barra explained during the company’s announcement of its latest quarterly results, battery production cannot be ramped up as quickly as planned.
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General Motors is looking to secure a new source of low-cost nickel and cobalt for its Ultium battery cells with a strategic investment in Australian battery materials supplier Queensland Pacific Metals.
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General Motors has acquired a stake in Canadian company Lithion Recycling. The two North American companies have also entered into a strategic partnership to jointly further develop battery recycling processes.
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Ultium Cells LLC, the battery joint venture by GM and LG, has kicked-off production in Ohio, USA. The new battery plant is the first of potentially four to come online within the next few years and is currently making battery cells for GMC’s Hummer EV.
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Ultium Cells, the battery cell joint venture between General Motors and LG Energy Solution, is considering New Carlisle in the US state of Indiana as the site for its fourth factory, according to a company spokesperson.
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The US manufacturer General Motors has signed agreements with LG Chem and Livent for the supply of battery materials. The company sees this as strengthening its goal of reaching one million units of electric vehicles in North America by the end of 2025.
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The US Department of Energy has announced that it will provide a $2.5 billion loan to the battery joint venture between General Motors and LG Energy Solution. Ultium Cells will use the money to finance the construction of new battery cell production facilities.
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The Canadian battery recycling company Li-Cycle has announced its first factory outside North America, in Norway. What is more, the company is building another recycling factory in North America in cooperation with GM’s Ultium Cells. The plant will be Li-Cycle largest facility to date.
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LG Energy Solution and Siemens have agreed to cooperate in the field of battery production. This is particularly about the digitalisation of production processes. The first joint project has already been decided.
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Pittsburgh-based freight train manufacturer Wabtec has unveiled its first battery-electric locomotive. Australian mining company Roy Hill has become the first purchaser of Wabtec’s FLXdrive battery-electric locomotive.
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Ultium Cells, the battery cell joint venture between General Motors and LG Energy Solution, has partnered with Li-Cycle to recycle “up to 100 per cent” of material waste from battery cell manufacturing in the future.
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General Motors has now officially confirmed that its second battery cell plant in the US as part of its joint venture with LG Energy Solutions is already being built in Spring Hill, where GM already has a battery assembly plant at the Tennessee location.
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The South Korean company Posco Chemical will supply Ultium Cells, the joint venture between General Motors and LG Energy Solution for the series production of battery cells, with anode and cathode materials.
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General Motors has published plans for the serial production of battery cells for future battery electric vehicles, confirming earlier rumours. GM together with LG Chem will manufacture the cells in considerable numbers in Ohio.
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