#EV BATTERY CATHODE INSTALL#

From there, we have been working through the entire battery supply chain, all the way to raw material recovery. 'Increasing CAM production capacity and adding pCAM to our joint venture is another significant step in building a more secure and sustainable North America-focused supply chain to support GM's fast-growing EV production needs,' said Doug Parks, GM executive vice president, Global Product Development, Purchasing and Supply Chain. 'We started by establishing battery cell production in the U.S. The Ultium CAM joint venture will support production of approximately 360,000 Chevrolet, Cadillac, GMC, Buick and BrightDrop vehicles annually in the 2025-2030 timeframe in North America.

battery cell joint venture plants with 160GWh of capacity and grow from there in subsequent years.

#EV BATTERY CATHODE INSTALL#

GM is executing plans to install 1 million units of annual EV capacity in North America in 2025, supported by four U.S.

pCAM is a specifically engineered combination of processed raw materials necessary to produce CAM, a key battery material representing about 40% of the cost of a battery cell. Currently, CAM and pCAM processing is highly concentrated in Asia. (NYSE: GM) and POSCO Future M announced today the second phase of their Ultium CAM joint venture, an investment projected to exceed $1 billion ( U.S.) to increase production capacity of CAM in North America and integrate precursor materials production. GM's partnerships, investments and strategic supply agreements across the EV supply chain are helping to create thousands of jobs in Canada, the United States and free trade agreement countriesĭETROIT, J/PRNewswire/ - General Motors Co.

New investment expanding the Ultium CAM joint venture, projected to exceed $1 billion, which includes an additional CAM and a precursor facility for local on-site processing of critical minerals.Complex planned to produce Cathode Active Material (CAM) and Precursor CAM (pCAM) for 360,000 EVs annually

Ev battery cathode