BY sanjana behera

GM Just Secured Enough Cathode Material For 5M EVs

GM Just Secured Enough Cathode Material For 5M EVs

Recently, GM struck a deal with South Korea's LG Chem for CAMs amounting to...

950,000 TONNES

Cathode Active Material (CAM) is the basic material for EV batteries, as it contains...

GM/Pinterest

NCM- Nickel, Cobalt & Magnesium

why does gm need such huge amounts of cam

?

GM's purchase deal comes in the backdrop of its pledge to go...

by 2040

carbon neutral 

GM would receive supplies from LG Chem from...

Latter half of 2022 till 2030

to explore a CAM production factory with LG Chem by the end of 2025.

GM is also looking