GM Investing $650M to Develop Major U.S. Lithium Mine
The investment---the largest-ever by an automaker to produce battery raw materials---will support production of up to 1 million EVs per year.
Source: autobodynews.com
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The investment---the largest-ever by an automaker to produce battery raw materials---will support production of up to 1 million EVs per year.
In a massive investment deal, GM will look to extract enough lithium from Nevada's Thacker Pass mine to manufacture 1 million new electric vehicles.
The Cowboy State is pushing back against the move towards electrification.
General Motors believes it will make $50 billion in annual EV revenue by 2025.
General Motors CEO Mary Barra announced this week in New York City that its fast-growing electric vehicle p...