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EV Batteries – GM and Glencore Deal on Cobalt
By the end of 2025, GM plans to have capacity to build 1 million electric vehicles in North America – a doubling from earlier estimates. GM has announced actions to create a new and more secure EV supply chain, including projects targeting key EV materials and components. Cobalt processed from Australia will be used in GM’s Ultium battery cathodes, which will power electric vehicles such as the Chevrolet Silverado EV, GMC HUMMER EV and Cadillac LYRIQ. Continue reading →