In order to produce affordable electric vehicles at scale, automakers need to both drive down battery costs and secure a stable supply of critical materials. For General Motors and its Ultium Cells LLC joint-venture battery plants with LG Energy Solution, that will be aided by plans announced Wednesday to form a joint venture between the automaker... Battery material plant will feed GM’s North American EV supply chain
In order to produce affordable electric vehicles at scale, automakers need to both drive down battery costs and secure a stable supply of critical materials. For General Motors and its Ultium Cells LLC joint-venture battery plants with LG Energy Solution, that will be aided by plans announced Wednesday to form a joint venture between the automaker...