General Motors to source lithium from U.S. for EV batteries
The Hindu
Batteries remain one of the largest cost drivers of EVs and Lithium is a key battery material.
Automaker General Motors has planned to source lithium for its next-generation EV batteries from the U.S. Most of the lithium is currently mined and processed outside the U.S. (Subscribe to our Today's Cache newsletter for a quick snapshot of top 5 tech stories. Click to subscribe for free.) "By securing and localizing the lithium supply chain in the U.S., we're helping ensure our ability to make powerful, affordable, high mileage EVs while also helping to mitigate environmental impact and bring more low-cost lithium to the market as a whole," said Doug Parks, VP, Global Product Development, Purchasing and Supply Chain at GM.
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