General Motors to receive +$200M funding for battery material facility in Canada
Teslarati
MAY 29, 2023
General Motors (GM) and POSCO Chemical will receive funds for a battery materials facility in Quebec, Canada. The Chevrolet Silverado EV, GMC Hummer EV, and Cadillac LYRIQ are expected to use GM’s Ultium battery cells, making the Bécancour facility a critical part of General Motors’ supply chain.
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