General Motors has all the raw materials it needs to get it to the goal of building 1 million electric vehicles in North America by the end of 2025. On Tuesday the automaker said it has three new supplier agreements that give GM access to lithium, nickel, cobalt and Cathode Active Material (CAM) used in EV batteries. The new binding… Continue reading GM has 3 new deals with suppliers to assure it hits EV production target
Tag: Electric vehicles
@GM: LG Chem and General Motors Reach Agreement for Long-Term Supply of Cathode Active Material to Support EV Growth July 26, 2022
LG Chem and General Motors Reach Agreement for Long-Term Supply of Cathode Active Material to Support EV Growth LG Chem plans to provide GM more than 950,000 tons of CAM over eight years, enough for approximately 5 million units of EV production CAM secured by GM will be used by Ultium Cells LLC, joint venture… Continue reading @GM: LG Chem and General Motors Reach Agreement for Long-Term Supply of Cathode Active Material to Support EV Growth July 26, 2022
@GM: General Motors and Livent Enter Long-Term Lithium Hydroxide Supply Agreement July 26, 2022
Livent’s battery-grade lithium hydroxide, made primarily from lithium extracted at its brine-based operations in South America, to be used in production of GM’s electric vehicles 100% of Livent’s downstream lithium hydroxide processing for GM to transition to North America over the course of the agreement Both companies prioritize commitment to responsible operations and sustainable supply… Continue reading @GM: General Motors and Livent Enter Long-Term Lithium Hydroxide Supply Agreement July 26, 2022
Nest co-founder Matt Rogers invests in EV conversion company Everrati
When we last spoke with Everrati CEO Justin Lunny, his UK-based restomod company that converts iconic cars to electric vehicles was expanding into the US market. Since then, the company set up headquarters in Calabasas, California, and in April, it partnered with Irvine-based manufacturer Aria Group to work on state-side electric conversions of Porsches and… Continue reading Nest co-founder Matt Rogers invests in EV conversion company Everrati
3 indicators to watch for on Ford Q2 earnings day
While much of the automotive industry has suffered a downturn due to a lack of supply to meet pent-up demand, Ford has bucked the trend. At least, in terms of sales goals so far this year. Industry wide, new vehicle sales in the U.S. dropped 20.3% for the second quarter, to 3.53 million, compared with… Continue reading 3 indicators to watch for on Ford Q2 earnings day
Zoox robotaxi with supercar DNA rolls toward SF, Vegas, Seattle streets
The Zoox robotaxi has more in common with a supercar than you think. Look past the Zoox’s breadbox-shaped exterior and inside is the same carbon fiber cabin that can be found in a McLaren. “Yes, we know that supplier very well,” Andy Piper, Zoox’s VP of vehicle development, told TechCrunch, when it’s pointed out that… Continue reading Zoox robotaxi with supercar DNA rolls toward SF, Vegas, Seattle streets
Sono Motors reveals final design of its solar-charging Sion EV
Sono Motors unveiled this week the final production design of the Sion EV, a solar electric vehicle that’s been in the making since the Munich-based startup launched in 2016. It’s been a long and bumpy road for Sono Motors, a journey that involved a couple of crowdfunding campaigns, a near insolvency and a debut on… Continue reading Sono Motors reveals final design of its solar-charging Sion EV
GM secures long-term supply of lithium from Livent and cathode from LG for 1 million EVs
GM announced today two deals to secure a long-term supply of lithium from Livent and cathode materials from LG Chem in order to support its goal of producing for 1 million electric vehicles in 2025. Lithium is used in the cathode of li-ion battery cells. It is a critical mineral that is quite common on… Continue reading GM secures long-term supply of lithium from Livent and cathode from LG for 1 million EVs
Uber starts sending notifications about how to open Tesla doors as it expands its EV rides
Uber is expanding its electric vehicle rides through its new “Comfort Electric” option to more cities, and since most of its electric rides come from Tesla vehicles, the ride-hailing company has started sending notifications about how to open Tesla door handles, which can be confusing for first-time riders. Last year, Hertz announced an important effort… Continue reading Uber starts sending notifications about how to open Tesla doors as it expands its EV rides
Tesla locks 80 miles of customer’s battery range for $4,500 ransom
Tesla tried to force a customer to pay $4,500 ransom over 80 miles of range that the company software-locked in his battery pack. The automaker only started to walk back on the strategy to squeeze $4,500 out of its customers after an uproar on social media. Tesla used to sell Model S vehicles with software-locked… Continue reading Tesla locks 80 miles of customer’s battery range for $4,500 ransom