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.
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Today was the official start of racing at the Electrek Formula Sun Grand Prix 2025! There was a tremendous energy (and heat) on the ground at NCM Motorsports Park as nearly a dozen teams took to the track. Currently, as of writing, Stanford is ranked #1 in the SOV (Single-Occupant Vehicle) class with 68 registered laps. However, the fastest lap so far belongs to UC Berkeley, which clocked a 4:45 on the 3.15-mile track. That’s an average speed of just under 40 mph on nothing but solar energy. Not bad!
In the MOV (Multi-Occupant Vehicle) class, Polytechnique Montréal is narrowly ahead of Appalachian State by just 4 laps. At last year’s formula sun race, Polytechnique Montréal took first place overall in this class, and the team hopes to repeat that success. It’s still too early for prediction though, and anything can happen between now and the final day of racing on Saturday.
Congrats to the teams that made it on track today. We look forward to seeing even more out there tomorrow. In the meantime, here are some shots from today via the event’s wonderful photographer Cora Kennedy.
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The numbers are in and they are all bad for Tesla fans – the company sold just 5,000 Cybertruck models in Q4 of 2025, and built some 30% more “other” vehicles than it delivered. It just gets worse and worse, on today’s tension-building episode of Quick Charge!
We’ve also got day 1 coverage of the 2025 Electrek Formula Sun Grand Prix, reports that the Tesla Optimus program is in chaos after its chief engineer jumps ship, and a look ahead at the fresh new Hyundai IONIQ 2 set to bow early next year, thanks to some battery specs from the Kia EV2.
New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.
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Tesla has launched its new Oasis Supercharger, the long-promised EV charging station of the future, with a solar farm and off-grid batteries.
Early in the deployment of the Supercharger network, Tesla promised to add solar arrays and batteries to the Supercharger stations, and CEO Elon Musk even said that most stations would be able to operate off-grid.
While Tesla did add solar and batteries to a few stations, the vast majority of them don’t have their own power system or have only minimal solar canopies.
Back in 2016, I asked Musk about this, and he said that it would now happen as Tesla had the “pieces now in place” with Supercharger V3, Powerpack V2, and SolarCity:
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All of these pieces have been in place for years, and Tesla has now discontinued the Powerpack in favor of the Megapack. The Supercharger network is also transitioning to V4 stations.
Yet, solar and battery deployment haven’t accelerated much in the decade since Musk made that comment, but it is finally happening.
Tesla has now unveiled the project and turned on most of the Supercharger stalls:
The project consists of 168 chargers, with half of them currently operational, making it one of the largest Supercharger stations in the world. However, that’s not even the most notable aspect of it.
The station is equipped with 11 MW of ground-mounted solar panels and canopies, spanning 30 acres of land, and 10 Tesla Megapacks with a total energy storage capacity of 39 MWh.
It can be operated off-grid, which is the case right now, according to Tesla.
With off-grid operations, Tesla was about to bring 84 stalls online just in time for the Fourth of July travel weekend. The rest of the stalls and a lounge are going to open later this year.
Electrek’s Take
This is awesome. A bit late, but awesome. This is what charging stations should be like: fully powered by renewable energy.
Unfortunately, it will be much harder to open those stations in the future due to legislation that Trump and the Republican Party have just passed, which removes incentives for solar and energy storage, adds taxes on them, and removes incentives to build batteries – all things that have helped Tesla considerably over the last few years.
The US is likely going to have a few tough years for EV adoption and renewable energy deployment.
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