-
Recent Posts
- Annals of Marketing – Curated by Cadillac Escalade IQ
- Penske Automotive Group Take Private Proposal Advisors Set
- Alex Palou All But Assured of 2026 NTT IndyCar Series Title
- Seat Belt Recalls – Alfa Romeo Tonales and Dodge Hornets
- Ram 2019-26 Model-Year Seat-Belt Recall on ~1.3M!
- California Starts MyFirstEV Instant Rebate Program
- Brawley GTS ROVS Recalled for Sudden Acceleration
- Premium Vehicle Buyers Defecting to Mainstream Brands!
- Federal Offense! Higher Prices, Transportation Costs, and Other Economic Blows From King Trump Tariffs
- Subaru to Enter the ‘Captive Finance Business’ by 2030
- Goodyear Posts Q2 2026 Net Loss of $204 Million
- UAW Clout in Michigan Apparent in Primary Wins
- SMMT – Battery Electric Cars Sales Set Record in England!
- General Motors and Chinese SAIC Motor Lengthen JV to 2047!
- Center for Automotive Research on “China Speed”
Recent Comments
- Nissan Motor on Nissan Posts ¥77.9B Profit in Q1 of Japanese Fiscal Year
- Jeff Badman on Ford Motor Recalls 850,000 Vehicles for Sudden Stalling
- Magna International on Magna International Posts Q1 2026 EPS Loss of $0.04
- Council on Foreign Relations on Iran and Strait of Hormuz on AAA – Pump Gasoline Prices Still Soaring
- Autocrat on Stellantis Subordinated Perpetual Hybrid Bonds on Stellantis Posts Full Year 2025 Loss of €22.3B
Archives
Meta
Tag Archives: EV battery ‘gold rush’
LG Energy Solution, Toyota Sign Long-Term Battery Deal
The deal is LG Energy Solution’s largest single supply agreement secured outside of its many joint ventures. The company now supplies its batteries to all top five global automakers[based on 2022 sales]. The company has eight battery manufacturing facilities currently operating or under construction in North America, and continues to expand both its production network and supply chain in the region. Continue reading
Posted in electric vehicles, global warming, mobility company, news analysis
Tagged aluminum, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, cobalt, EV battery ‘gold rush’, Ken Zino, manganese, nickel, Tetsuo Ted Ogawa, Toyota Motor North America, Youngsoo Kwon
Leave a comment
GM, Samsung SDI Announce New US Battery Cell Plant
General Motors (NYSE: GM) and Samsung SDI announced today they plan to invest more than $3 billion to build a new battery cell manufacturing plant in the United States. The plant will have more than 30 GWh of capacity and will bring GM’s total U.S. battery cell capacity to about 160 GWh when it is at full production in ~2026. The companies plan to jointly operate the facility, and it is projected to have production lines to build nickel-rich prismatic and cylindrical cells. Continue reading
GM Ventures is Investing in EnergyX for EV Batteries
EnergyX’s direct lithium extraction technology, so-called DLE, can make lithium metal directly from brine and possibly in anode-ready form for EV batteries. GM said this enables a “more cost-effective and sustainable lithium recovery to unlock a vast lithium supply chain in North America that may otherwise be unviable.” Continue reading
GM and LG Chem Have Deal on Battery Materials
The supply agreement – the latest in the EV battery ‘gold rush’ – will help GM meet its growing EV production needs. CAM is a key battery material consisting of components such as processed nickel, lithium and other materials representing about 40% of the cost of a battery cell. Continue reading
Stellantis and CATL MoU for Lithium Iron Phosphate Batteries
Stellantis and CATL are considering the possibility of a joint investment in the form of a joint venture with equivalent contributions. Stellantis aims to use lithium iron phosphate (LFP) batteries to assist making its Dare Forward 2030 electrification targets. LFP has a long service life and high thermal stability. Continue reading →