Reuters — General Motors and South Korea’s POSCO Chemical will build a $400 million facility to produce battery materials in Canada as the carmaker ramps up plans to produce mainly electric vehicles (EVs) in the future, the companies said Monday. The plant will produce cathode active material (CAM) for vehicle batteries at Becancour, Que. Cathodes […] Read more
GM ramps up EV push with plans to make battery materials in Canada
Automaker and BASF both plan CAM plants at Becancour
GM to chase rivals with US$105,000 electric Silverado
Less expensive retail Silverado EV to follow in 2024
Detroit | Reuters — General Motors’ US$35 billion electric vehicle strategy will face its biggest test in 2023 when it launches an electric version of its Chevrolet Silverado pickup with a six-figure price tag, more than a year after rivals Ford and Rivian Automotive. GM CEO Mary Barra on Wednesday told the annual CES technology […] Read more