LG Chem & General Motors Reach Agreement For Long-Term Supply Of Cathode Active Material To Support EV Growth
CleanTechnica EVs
JULY 29, 2022
CAM is a significant battery component made up of processed nickel, lithium, and other substances that account for around 40% of the cost of a battery […]. GM and LG Chem recently announced a binding agreement for the supply of Cathode Active Material (CAM). The deal will assist GM in meeting its increased EV production demands.
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