GM, EV and 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.
GM Backs Biggest US Lithium Project With $625 Million Investment
General Motors Inc will commit $625 million toward what’s likely to be one of the biggest US lithium mines, reinforcing the automaker’s efforts to secure domestic supply of the battery metal critical for electric vehicles.
GM is investing almost $1 billion to ensure its access to a key mineral for EV batteries
General Motors (GM) is increasing its investment in a Nevada lithium mine and its operator to almost $1 billion as it looks to secure a long-term supply of a critical mineral for electric vehicle batteries.
GM backs top U.S. lithium project with $625 million investment
General Motors Inc will commit $625 million toward what’s likely to be one of the biggest US lithium mines, reinforcing the automaker’s efforts to secure supply of the battery metal critical for electric vehicles.
China, EV and Europe
Wolfspeed, a Maker of EV Chips, Gets $750 Million in Grants
Tesla Stock Is Up. EV Business Is Doing Better.
MIT Technology Review9h
Super-light materials that help suppress EV battery fires just got a big boost
The US Department of Energy has committed a $670.6 million loan to Aspen Aerogels for a new factory to produce materials that ...
GM partners with startup Forge Nano to improve EV battery life, performance, and safety
General Motors is working with Forge Nano, a materials science startup, to find new ways to enhance the performance and ...
Bloomberg L.P.9h
US Offers EV Battery Parts Maker $671 Million For Georgia Plant
The Biden administration is poised to loan nearly $671 million to Aspen Aerogels Inc. to make a key component of electric car ...
Incentives Drive Up EV Sales In Third Quarter 2024 As Tesla Rebounds
With improving infrastructure, far more choices, and excellent deals to be had, Cox Automotive expects further growth in the ...
Treehouse uses AI to help electricians install tech like EV chargers and heat pumps more cheaply
Owski said the funding will go toward hiring more engineers to improve the models that help it automate quoting. It’s also ...
EV mandates could push Michigan toward Republicans says former GOP congressional candidate Michael Markey
Michael Markey Jr. told Fox News Digital that Vice President Kamala Harris' history of supporting electric vehicle subsidies ...
Minnesota announces next steps for businesses looking to add EV charging stations
Minnesota businesses looking at owning and operating EV charging stations can now apply for $47 million in grant dollars.
Southern California gets its first full service EV charging center
Rove celebrated its opening of the full-service Santa Ana electric vehicle charging center, with 40 EV fast chargers and a ...