GM makes a $625 million lithium-battery move to shore up its EV supply chain
Briefly

GM's investment in Thacker Pass will enable the company to secure a domestic lithium supply, crucial for electric vehicle production, amidst current market challenges.
Jonathan Evans, President and CEO of Lithium Americas said, 'Our relationship with GM has been significantly strengthened... to develop a robust domestic lithium supply chain by advancing the development of Thacker Pass.'
Jeff Morrison, GM's senior vice president stated, 'Investing directly in the raw materials needed for EVs will help the company develop a resilient supply chain and manage battery cell production.'
Read at Business Insider
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