On Jan. 31, 2023, Lithium Americas announced a purchase agreement with General Motors Co. (NYSE: GM). The GM deal calls for GM to make a $650 million investment in two separate tranches.
Investors and car makers continue to bet on lithium miners, wagering that a shift toward EVs will become a permanent trend.
As the energy revolution continues to march onward, several pension funds and carmakers have taken notice and are investing ...
GM to invest $650 million in a lithium company to support its electric vehicle business.....Lithium Americas.....GM will get exclusive access to the first phase of lithium production and the ...
Since January, the price of lithium has dropped by nearly 20%, according to Benchmark Minerals, even as sales of electric ...
The lithium story is only set to accelerate. For the world to meet its climate goals and put millions of electric vehicles on ...
Tesla Inc. is more focused on refining lithium than on mining the battery metal, Chief Executive Officer Elon Musk said, as ...
An international scramble for lithium is fully underway, with some of the world’s largest automakers now jockeying for ...