GM to secure long-term CAM supply from LG Chem

gm plant in Warren

General Motors announced that it has secured a long-term supply of Cathode Active Material (CAM) from LG Chem. Per the American automotive brand, more than 950,000 tons of CAM will be provided by the Korean chemical company for over eight years. The supply, said GM, will be enough for the production of approximately five million units of EVs.

KEY TAKEAWAYS

  • How much Cathode Active Material (CAM) will LG Chem supply GM with?

    According to GM, LG Chem will supply more than 950,000 tons of CAM which will be distributed for over eight years.
  • When will LG Chem begin supply GM with materials for EV batteries?

    Per GM, LG Chem will begin supplying it with CAM by the second half of 2022.
  • lg chem logo

    CAM is a key battery material consisting of components like processed nickel, lithium, and other materials representing about 40 percent of the cost of a battery cell.

    “This agreement builds on GM’s commitment to create a strong, sustainable battery raw material supply chain to support our fast-growing EV production needs. LG Chem has demonstrated technical expertise, high-quality and mass production capabilities of cathode active materials over the last decade. At the same time, this agreement demonstrates GM’s commitment to strong supplier relationships, and compliments our many other recent EV supply chain announcements,” said GM VP Jeff Morrison.

    LG Chem will begin supplying GM with the materials by the second half of 2022. The CAM secured by GM will be used by Ultium Cells LLC, a joint venture between GM and LG Energy Solution, at its battery cell plants in Warren, Ohio; Spring Hill, Tennessee; and Lansing, Michigan.

    gm plant in Spring Hill

    GM and LG Chem will also explore the localization of a CAM production facility in North America by the end of 2025.

    “Based upon a close collaboration with customers, LG Chem will further strengthen its position as a global leader in the market by producing the world’s best cathode materials,” said LG Chem CEO Shin Hak Cheol.

    Photos from GM and LG Chemical

    Also read: 

    GM asks suppliers to sign pledge for carbon neutrality, social responsibility, and sustainability

    General Motors doubles Climate Equity Fund to US$50-M

    GM to reach sustainability plans 5 years ahead of schedule

    Read All

    Featured Articles

    Recommended Articles For You

    Read All

    Featured Cars

    • Upcoming

    Car Articles From Zigwheels

    • News
    • Article Feature
    • Advisory Stories
    • Road Test
    • JAC PH starts MM roadshows this month
      JAC PH starts MM roadshows this month
      Ruben Manahan IV . Nov 02, 2024
    • 9th PIMS: 4-day event draws 42k attendees
      9th PIMS: 4-day event draws 42k attendees
      Ruben Manahan IV . Nov 02, 2024
    • LTO all set for Undas
      LTO all set for Undas
      Ruben Manahan IV . Oct 31, 2024
    • 2025 RAM 1500 Rebel to reach PH soil next month
      2025 RAM 1500 Rebel to reach PH soil next month
      Paulo Papa . Oct 31, 2024
    • WATCH: Lexus highlights TX SUV in new ‘Wicked’ short video
      WATCH: Lexus highlights TX SUV in new ‘Wicked’ short video
      Paulo Papa . Oct 30, 2024
    • Spooky journeys: scariest places to drive in PH
      Spooky journeys: scariest places to drive in PH
      Paulo Papa . Oct 31, 2024
    • 5 scary things owners can find in their car
      5 scary things owners can find in their car
      Cesar Miguel . Oct 31, 2024
    • Let’s take a peek inside the Hyundai Ioniq 5 N
      Let’s take a peek inside the Hyundai Ioniq 5 N
      Cesar Miguel . Oct 30, 2024
    • 9th PIMS: Aftermarket products are a-plenty
      9th PIMS: Aftermarket products are a-plenty
      Cesar Miguel . Oct 29, 2024
    • Here are concept cars that were showcased at the 9th PIMS
      Here are concept cars that were showcased at the 9th PIMS
      Cesar Miguel . Oct 29, 2024
    • Here are some ideal destinations and safety tips for the upcoming Holy Week
      Here are some ideal destinations and safety tips for the upcoming Holy Week
      Paulo Papa . Mar 08, 2024
    • Here are some New Year’s resolutions for car owners
      Here are some New Year’s resolutions for car owners
      Paulo Papa . Jan 03, 2024
    • PH auto market: 2023 in retrospect
      PH auto market: 2023 in retrospect
      Paulo Papa . Dec 15, 2023
    • Here’s a holiday gift guide for car enthusiasts
      Here’s a holiday gift guide for car enthusiasts
      Hazel Nicole Carreon . Dec 15, 2023
    • Oil players cut pump prices anew
      Oil players cut pump prices anew
      Paulo Papa . Nov 14, 2023
    • MG 3 Hybrid Plus: Quick and practical
      MG 3 Hybrid Plus: Quick and practical
      Cesar Miguel . Oct 31, 2024
    • Toyota Avanza G CVT: Dashingly dependable
      Toyota Avanza G CVT: Dashingly dependable
      Paulo Papa . Oct 14, 2024
    • 2022 Honda Civic RS Turbo CVT Honda SENSING: one of sedan segment's major thrusters
      2022 Honda Civic RS Turbo CVT Honda SENSING: one of sedan segment's major thrusters
      Ruben Manahan IV . Sep 25, 2024
    • GAC Emkoo Hybrid: Peppy, efficient powerhouse for the price-conscious
      GAC Emkoo Hybrid: Peppy, efficient powerhouse for the price-conscious
      Cesar Miguel . Sep 23, 2024
    • MG ZS Luxury: Stylish yet accessible
      MG ZS Luxury: Stylish yet accessible
      Cesar Miguel . Sep 23, 2024