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GM and POSCO Chemical Will Build a New North America Factory to Process Cathode Active Material for Ultium Batteries

General Motors and POSCO Chemical announced plans to form a joint venture through which the parties will construct a factory in North America to process critical battery materials for GM’s Ultium electric vehicle platform. The joint venture will process Cathode Active Material (CAM), a key battery material that represents about 40 percent of the cost […]The post GM and POSCO Chemical Will Build a New North America Factory to Process Cathode Active Material for Ultium Batteries appeared first on Electric Cars Report.