GM investing $650M in Lithium Americas

Metal Tech News - February 1, 2023

Last updated 2/7/2023 at 7:24am

A row of Chevrolet, Hummer, Cadillac, and BrightDrop electric vehicles.

General Motors

GM is investing $650 million to secure U.S. supplies of the lithium needed for the batteries in its growing line of electric cars, trucks, vans, and SUVs.

The largest-ever investment by an automaker into a battery materials mining company.

To strengthen its domestic supply of the materials going into the batteries for its expanding lineup of electric vehicles, General Motors is investing $650 million toward the development of Lithium Americas Corp.'s Thacker Pass lithium mine in northern Nevada.

Considered to be the largest known lithium...

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