GM commits $400M to new Canadian battery materials plant for Ultium platform

General Motors is set to build a new $400 million battery materials plant in Canada with South Korean company POSCO Chemical, adding to the automaker’s already-massive spending plan for the transition to electric vehicles. The plant will produce cathode materials for GM’s Ultium battery platform. The Becancour, Quebec plant will produce cathode active material for … Continue reading GM commits $400M to new Canadian battery materials plant for Ultium platform