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GM, Lithium Americas
GM to invest $625 million in joint venture to mine EV battery raw materials in U.S.
The deal is centered on the development, construction and operation of a lithium carbonite mining operation called Thacker Pass in Humboldt County, Nevada.
GM doubles down on EV batteries, invests $625M in lithium project
Previously, GM invested $320 million into Lithium Americas in exchange for 15 million shares back in February of last year. In total, GM has now invested $750 million into Lithium Americas and the joint venture, not including the $195 million line of credit.
GM makes a $625 million lithium-battery move to shore up its EV supply chain
General Motors is investing $625 million in the domestic EV supply chain, partnering with Lithium Americas Corp. to develop a lithium mine in Nevada.
EV, GM and China
GM CEO says EV race in China is a “race to the bottom”
General Motors CEO Mary Barra said the company has made moves to capitalize on the growing importance of electric vehicles.
GM CEO Mary Barra says China’s hypercompetitive, cheap EV market is a ‘race to the bottom’
GM’s EV deliveries jumped by 60% year over year in the third quarter.
Mary’s Mad As Hell! GM CEO Shouts Out Dire Warning About EV Price War With China
Barra said, “It has become a race to the bottom with pricing and the level of subsidies.” This is although GM has made sales advances in the U.S., with its American EV unit sa
6m
I just spent my first week ever with an EV, the Chevy Equinox — here’s what it was like
The funnest car I ever drove was the original Tesla Roadster. This was in 2011, back when Elon Musk's EV company was courting ...
Techopedia
4h
GM Reaffirms 2035 Gas Car Phaseout as EV Profits Near
GM aims to phase out combustion engines by 2035, go carbon neutral, and launch 30 electric vehicles by 2025, investing $27 ...
GM Authority
7d
GM Expects To Save $6,000 Per EV By Using LFP Battery Cells
GM Vice President, Battery and Pack Kurt Kelty has outlined some of The General's cost saving plans as they relate to driving ...
Repairer Driven News
1d
GM shares behind-the-scenes engineering of EV sounds
General Motors has given a behind-the-scenes look at how engineers, designers, musicians, and those with sound quality ...
Green Car Reports
1d
2025 GMC Sierra EV goes up to 460 miles, adds lower-price version
Max Range versions of GMC's electric pickup promise 460 miles, although shoppers can save $8,500 by opting for the Extended ...
10d
GM ditches failed Ultium battery branding as its EV sales soar
GM says it's time to embrace new cell formats and chemistries.
21h
on MSN
GM’s CEO says it will start making money on EVs this year
Right now Tesla sells the most EVs in the US — and has been making a profit on them alone since 2021. The second largest ...
GM Authority
1d
GM Battery Component Supplier Aspen Aerogels To Get $671M U.S. Loan
GM supplier Aspen Aerogels is getting a $671 million loan from the Biden Administration to build a factory in Georgia for EV ...
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United States
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