General Motors (GM) and South Korean advanced EV battery materials company Posco Future M revealed an additional investment in its new cathode factory in Ontario, Canada, now exceeding $1 billion.
GM plans to enhance CAM supply in North America
The new funding will help increase Cathode active material (CAM) production and the precursor materials (pCAM) needed to produce it in North America.
GM announced plans for the new factory last March, with the initial investment expected to be around $400 million (C$500 million). The facility is designed to manufacture cathode active materials for GM’s Ultium batteries, the backbone of its EV strategy.
CAM is the key raw material consisting of lithium and a secondary metal (or metals) that drive a significant portion of the output and around 40% of the costs of EV batteries. The two primary EV battery cathodes today are nickel-cobalt-manganese (NCM) and lithium iron phosphate (LFP).
Doug Parks, GM’s executive VP of global product development, purchasing, and supply chain, commented on the new investment, saying:
Increasing CAM production capacity and adding pCAM to our joint venture is another significant step in building a more secure and sustainable North America-focused supply chain to support GM’s fast-growing EV production needs.
With plans for battery cell production to reach at least 135 GWh, or enough to power 1.3 million EVs annually between its three Ultium Cell plants, GM is building out its entire battery supply chain, including raw material recovery.
Source: GM
Vertically integrating the EV battery supply chain
GM revealed its joint venture with LG Energy Solutions in 2019 to produce battery cells for electric vehicles based on its Ultium platform.
Ultium Cells began production in the US at its first plant in Warren, Ohio, last August, with plans for its second in Spring Hill, Tennessee, to start operations next year. A third, in Lansing, Michigan, is expected to open in early 2025, with a total capacity between the three planning to reach at least 135 GWh.
CAM will play a critical role in ensuring GM has the raw materials to ramp production and hits its goal of building 1 million EVs by 2025. POSCO Future M president Kim Joon-Hyung says, “We are experiencing rapid growth of EV battery materials across North America,” adding:
I believe our joint venture will fortify its position in the secondary battery material industry with this proactive decision to increase CAM production and bring pCAM production to North America. POSCO Future M’s advanced technology and experience is supported by our expanding partnership with GM. We are aiming to play a key role in the eco-friendly mobility market with our products.
The Ultium CAM joint venture will help support the production of around 360,000 Chevrolet, Cadillac, GMC, Buick, and BrightDrop EVs between 2025 and 2030 in North America.
GM has several highly anticipated Ultium EV launches this year, including the following:
Silverado EV: Deliveries to begin later in the second quarter, with production ramping in 2H 2023
Blazer EV: Launching this summer
Equinox EV: Launching this fall
2024 Chevy Silverado EV RST (source: Chevrolet)Chevy Blazer EV (source: GM)Chevy Equinox EV (source: GM)
After selling over 20,000 EVs for the first time in a quarter in Q1, GM lifted guidance with plans to produce 50,000 electric models in North America in the first half of 2023 and 100,000 in the second half of the year.
FTC: We use income earning auto affiliate links.More.
For many homeowners, the conversation about adding rooftop solar panels starts with cutting utility bills — but there are plenty of other reasons to make the switch. One of them is that adding a home solar system could actually increase your home’s resale value … but is that true?
The short answer is: yes (kinda).
In theory, the more features a house has, the more it costs. A pool, a bigger garage, or a finished basement — all those upgrades add value to a home when it’s compared to a home without them. By that logic, then, rooftop solar panels should make a house more desirable, too. And they often do. But, as with most things, the reality is a bit more complicated.
One of the biggest complications when it comes to selling a home with solar panels comes down to who owns the solar panels. If you’ve leased your solar setup through a company like Sunrun, for example, the solar company that sold you the panels still owns the panels, not you. That could mean that any potential buyers would have to assume the lease themselves, or that the seller has to buy out the lease before selling.
Advertisement – scroll for more content
Leasing reduces a homeowner’s up-front and monthly costs, making it a popular choice – but the process of transferring a lease can complicate a sale, slow down negotiations, or even limit the pool of potential buyers. That’s especially true in areas where rooftop solar panels aren’t common, or have been heavily politicized.
By contrast, many homeowners choose to finance their solar system through a “conventional” loan or a home equity line of credit (HELOC). In these cases, you own your panels from day one, even if you’re still paying them off over time. And, because ownership is clear in those cases, the solar panels can more easily be considered part of the home, like kitchen appliances or a washer/dryer set.
While this avenue might have a higher up-front or monthly cost for the seller, there’s no lease to assume and no third-party approval or contracts required to complete the sale.
Financing also offers flexibility in structuring payments, with some homeowners choosing short-term loans to pay off the system quickly and others use longer-term HELOCs to spread costs out over a longer timeline. In either case, ownership ensures that the value of your solar installation can be transferred seamlessly to the next buyer. Plus, a savvy realtor can even highlight a fully-owned solar array in the listing as a long-term cost saver rather than a leased add-on.
That’s not to say that leasing, financing, or even paying cash is the best way to go for everyone (after all, if inflation is higher than your interest rate, the best thing you can do is borrow today’s “good” money and pay it back with tomorrow’s “garbage” money at what is, effectively, a discount). Get several quotes from reputable installers and find out about what options they recommend, then work with a trusted financial expert to determine the best path for you.
From theory to practice
Installing solar panels; via Sunrun.
A realtor named Alisha Collins recently posted a video to TikTok where she walks us through the sale of a house and the role that the home’s $50,000 rooftop solar panel installation played in that sale. The sale was something that, while it might seem common enough to Electrek readers, was a first for Collins.
“This is a great benefit because the buyers are getting the solar panels to use in the future to save them money on their electricity, and they weren’t gonna have to buy them,” Alisha remarks. “So I focused on marketing what the positives of solar panels are — less utilities, lower utility bills if any, clean energy, and also, the buyers were getting an almost new system.”
Collins keeps calling the lease a “loan” throughout the video, but (in my opinion) makes some solid observations and is thinking about things the right way, keeping an open mind, and trying to do right by her clients. You can watch the video for yourself, below, then let us know what you think of Collins’ take in the comments.
@alishacollinsrealestate Just sold my first house with solar panels ☀️🏡 and honestly… I thought it was going to be way more challenging than it was. But the strategy the seller and I used made all the difference: ✅ We decided to pay off the solar panels at closing so the cost was basically built into the price — simple and clean. We got an offer after a price reduction and then… crossed our fingers for the appraisal 🤞 Because let’s be real — some appraisers value solar differently and that can make or break a deal. This one worked out — but solar definitely adds a layer to navigate. 💬 Have you ever bought or sold a house with solar? What was your experience? #alishacollins#realestatebestie#casperwyoming#solarhomes#homesellingtips#realestatetalk#appraisals#solarpanels#greenhome#realestatewin#listingstrategy♬ Soft Sunlight (Lofi) – Prodbyecho
If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
FTC: We use income earning auto affiliate links.More.
Lease deals get all the headlines, but 75% of new car buyers still finance their cars, indicating that they want to own their vehicles once the payments are done. If that sounds like you, and you’ve been holding out for relief from sky-high payments, a wave of new EVs are now available with 0% financing — making it one of the best months yet to buy a new EV.
UPDATE: two more sporty electric crossovers make the list!
Every month, Electrek readers looking for great deals on a new EV flock to our lease deal posts. Recently, however, the comments have been asking another crucial question: what about EV deals for the people who want to buy, instead of leas?
You asked, we listened. This roundup is for that 75% of new car buyers who choose to finance their cars instead of lease — so here’s a list of all the 0% financing deals on EVs you can get in September, 2025.
Advertisement – scroll for more content
As I put this list together, I realized there were plenty of ways for me to present this information. In the end, I decided to present these deals in alphabetical order, by brand name (make). And, as for which deals are new this month? You’re just gonna have to check the list. Enjoy!
Acura ZDX
2024 Acura ZDX; via Acura.
New for the 2024 model year, the Acura ZDX uses GM Ultium battery and drive technology, but the styling, interior, and infotainment are all Honda, delivering GM-level parts support with Honda-level fit, finish, and quality. Add in standard Apple CarPlay support, 0% financing for up to 72 months, and $7,500 customer cash through September 30th, and the ZDX becomes easily one of the best sporty crossover values on the market.
Chevy Equinox EV
2025 Chevrolet Equinox EV; via GM.
With an impressive combination of affordability, practicality, and advanced features, the Chevy Equinox is a standout EV. And with an EPA-estimated range of up to 319 miles and a starting price under $35,000, it’s no wonder they’re flying off dealer lots.
For well-qualified buyers, Chevrolet is offering 0% APR financing for up to 60 months through GM Financial through September 30th. That offer can be paired with the $7,500 federal EV tax credit (which you can claim at the dealer), along with up to $1,250 in additional discounts for Costco members, depending on membership level.
Dodge Charger
Electric Dodge Charger; via Stellantis.
Dodge is hoping that at least a few muscle car enthusiasts with some extra cash will find their way to a Dodge store and ask for the meanest, loudest, tire-shreddingest muscle car on the dealer’s lot without caring too much about what’s under the hood.
For them, Dodge has the new electric Charger with up to 670 battery-backed horsepower. And if you still owed money on the Hemi you just totaled, Dodge will help get the deal done on its latest retro-tastic ride with a $7,750 retail cash allowance or 0% financing for up to 72 months — and that’s before any dealer discounts.
Ford F-150 Lightning
F-150 Lightning pickup; by Ford.
America’s best-selling electric truck offers V2x technology, a nationwide dealer network, a universe of aftermarket accessories, and a look that blends into the crowd. This month, this proven pickup adds 0% interest financing for up to 72 months. Ford Pro customer can get access to advanced telematics and, in some cases, even get help sourcing additional grants and rebates, too.
The biggest of GM’s Ultium-based EVs are seriously impressive machines, with shockingly quick acceleration, plus on-road handling that seems to defy the laws of physics once you understand that these are, essentially, medium-duty trucks. This month, GMC is doing its best to move out its existing inventory with 0% financing for well-qualified buyers plus $1,250 in discounts for select Costco members. So, if you’re a fan of heavy metal you’ll definitely want to stop by your local GMC dealer and give the Hummer EV a test drive.
2025 Honda Prologue Elite in Snowfall Pearl, via Honda.
Like the Acura ZDX at the top of this list, the Honda Prologue was blends the excellent GM Ultium EV platform with Honda sensibilities and Apple CarPlay to create a winning combination. It’s no surprise that it’s one of the top-selling electric crossovers — and to move out as many as possible before the $7,500 federal tax credit goes away, Honda is offering 0% APR for up to 60 plus up to an additional $2,000 in Honda Loyalty or Conquest cash.
Hyundai IONIQ 6
Hyundai IONIQ 6; via Hyundai.
The last of the streamliners, the IONIQ 6 has influences from Ferry Porsche and Raymond Loewy without looking like a copy of either. In addition to being a future classic, it’s efficient, comfortable, quick, offers up to 361 miles of range, can charge just about anywhere, and (now through the end of the month), can be financed with 0% interest for up to 48 months or $7,500 in customer bonus cash on all trims.
If you’re flexible on color, Hyundai dealers with “aged inventory” will give you an extra $1,000, for $8,500 total incentive dollars on your IONIQ 6.
Jeep Wagoneer S
Jeep Wagoneer S; via Stellantis.
The Jeep Wagoneer S is a slick, capable, street-oriented EV that’s been inexplicably saddled with a sloping roof and spoiler that eats away at the electric SUV’s ultimate utility (that’s the “U” part), but if you can get past that minor caveat, this first-ever battery-powered Jeep is ready to deliver. With $7,750 retail cash allowance or 0% financing for up to 72 months before dealer discounts through September 30th, the Wagoneer S might just be the best EV deal going.
Kia Niro EV
2025 Kia Niro EV; via Kia.
Kia is doing a phenomenal job moving its supercar-baiting EV6 and ultra-capable EV9 family trucksters, but the under-mentioned and underrated little Niro EV seems like it could use a little help. To that end, Kia is offering 0% interest financing or up to $7,500 customer cash on select examples of the little urban runabout now through September 30th.
Lexus RZ
Lexus RZ 450e; via Toyota.
Starting at “just” $55,175, the Lexus RZ promises up to 266 miles of EPA-rated range from a 72.8 kWh battery in the base RZ300e (and 224 from the top-shelf RZ450e). With up to 308 hp and over 195 lb-ft of instant, all-electric torque, the RZ promises to be one Lexus’ sportier rides in any trim.
This month, several Lexus dealers are advertising interest-free financing on select RZ models for up to 72 months. Check with your local Lexus dealer for more informatoin.
Nissan Ariya
Nissan Ariya; via Nissan.
I’ve already said that the Nissan Ariya didn’t get a fair shake. If you click that link, you’ll read about a car that offers solid driving dynamics, innovative interior design, and all the practicality that makes five-passenger crossovers the must-haves they’ve become for most families. With up to 289 miles of EPA-rated range, Tesla Supercharger access, and 0% interest from Nissan for up to 72 months or up to $10,000 Customer Cash (that’s not a typo) undecided EV buyers could do a lot worse than to give the Ariya a chance to win them over.
Polestar 3
Polestar 3; via Polestar.
Sleek, Scandinavian, and seriously quick, the Polestar 3 is the lovechild of Swedish brand Volvo and Chinese brand Geely’s billions. As such, it delivers both Scandinavian style and high-tech substance with dual-motor power, a minimalistic, luxurious cabin, and Android Auto baked right in. The Polestar 3 was designed to turn heads while keeping daily driving effortless, and through the month of September, it’s sure to turn even more heads with 0% financing for up to 72 months through Polestar Financial Services and a $10,000 Clean Vehicle Incentive in some markets.
Put it all together, and the Polestar 3 stands out as one of the most compelling premium EV SUV deals of the month.
Subaru Solterra
Subaru Solterra EV; via Subaru.
The first-ever electric Subaru had a rocky start (no pun intended), but this off-road-ready sibling of the Toyota bZ4X seems like a solid mid-size electric crossover with some outdoorsy vibes and left-leaning granola style that offers more than enough utility to carry your mountain bikes to the trail or your inflatables out to the pond. Add in 227 miles of range, some big discounts, and 0% financing for up to 72 months, and this should be a great month for electric Subaru fans to drive home in a new Solterra.
Volkswagen ID.4
VW ID.4; via Volkswagen.
One of the most popular legacy EVs both in the US and Europe, the ID.4 offers Volkswagen build quality and zippy around-town handling. Everyone I know who has one loves it, and VW dealers are getting aggressive with discounts, making this fast-charging, 291 mile EPA-rated range, 5-star safety rated EV a value proposition that’s tough to beat.
This month, get a Volkswagen ID.4 with 0% financing for up to 72 months or up to $5,000 customer cash. You’ll need to do some math to see which offer works best for you.
Disclaimer: the vehicle models and financing deals above were sourced from CarsDirect, CarEdge, and (where mentioned) the OEM websites – and were current as of 15SEP2025. These deals may not be available in every market, with every discount, or for every buyer (the standard lines of “with approved credit” fine print should be considered implied). Check with your local dealer(s) for more information.
If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
FTC: We use income earning auto affiliate links.More.
True to Lamborghini’s legacy of speed and excess, the first battery-electric vehicle to wear the raging bull is also the fastest of its kind. Only this time, the badge isn’t on a car — it’s on a personal watercraft. Meet the all-new Seabob SE63 jet sled.
Co-developed with the Italian supercar brand, the Lamborghini-badged Seabob SE63 features a more powerful jet propulsion system than any of the company’s existing personal jet sleds, and is fitted with a carbon fiber motor shaft as a further nod to the Italian luxury brand’s high-performance heritage.
The riding experience is not just ‘a bit faster’, but thrillingly intense and unrestrained. Acceleration off the start line delivers an immediate adrenaline rush. Thrust, agility, top speed: everything is designed for maximum performance and pure emotion.
The new SE63 backs up those claims with a 6.3 kW (~8.5 hp) electric motor. And, while that hardly makes it a supercar, in the world of ePWCs, it’s enough to make the SE63 a monster. The SE63 also features a bigger, more energy-dense battery than other Seabobs, a combination good for up to 60 minutes of go-fast, water-based fun.
Seabob SE63 Lamborghini
The SE63 can recharge its batteries with a standard power outlet in just 1.5 hours, and be back on the water for even more fun in the sun.
The Seabob SE63 made its debut earlier this week at the Cannes Yachting Festival. Production is set to begin in early 2026, meaning you’ll be able to get yours just in time for the summer 2026 beach season. Prices have yet to be announced – but, like any Lamborghini product, if you have to ask you probably can’t afford it.
Check out the world premier of the Seabob SE63 for Automobili Lamborghini (the sled’s official name) in the video, below, then let us know what you think of the brand’s first BEV in the comments.
If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
FTC: We use income earning auto affiliate links.More.