General Motors
General Motors Commits $650 Million to Secure EV Raw Materials
General Motors invests $650 million in lithium mining to secure its electric vehicle supply chain and support its future production of more than 1 million EVs annually in North America by 2025.
Feb 1, 2023 // Markets & Finance News, Storage, Transport, USA, North America, EV, General Motors
GM And LG Joint Venture To Get $2.5 Billion Federal Loan For US Battery Plant
The funds will certainly be made use of in the building of three various battery manufacturing units in the United States state of Ohio, Tennessee and also Michigan.
Both General Motors and LG have been mulling an investment of over $7 billion in collaboration to develop the 3 battery producing units.
Jul 27, 2022 // Markets & Finance News, Storage, USA, North America, electric vehicles, doe, EV, LG Energy Solutions, ATVM, General Motors, Ultium Cells
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