GM partners with POSCO on $400 million factory to produce cathode material for EV batteries
March 7, 2022
General Motors announced an expansion of its supply chain for its ambitious electric vehicle production plans with a new cathode factory in partnership with POSCO in Quebec, Canada.
Over the last few years, GM announced several upcoming new battery cell factories under its new Ultium Cell partnership with LG Energy.
Those factories are going to require a brand new large-scale supply chain.
The…