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General Motors Announces Lithion Investment and Strategic Partnership Agreement

By Michael Elkins General Motors (NYSE:GM) announced today that the company is investing in Lithion Recycling Inc.’s Series A financing round, supporting a new GM-Lithion strategic...
General Motors Announces Lithion Investment and Strategic Partnership Agreement © Reuters. General Motors (GM) Announces Lithion Investment and Strategic Partnership Agreement
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By Michael Elkins

General Motors (NYSE:GM) announced today that the company is investing in Lithion Recycling Inc.’s Series A financing round, supporting a new GM-Lithion strategic partnership agreement to pursue a circular battery ecosystem using Lithion's advanced battery recycling technology

The collaboration will focus on the validation of Lithion's recovered battery materials for use in the production of new batteries, and potential to acquire battery materials. The companies will also invest in research and development for the recycling processes and the recyclability of future battery designs.

"Working with GM marks a key step in Lithion's commercial development and pioneers a needed breakthrough in the electrification of transportation by enabling a cost-effective and sustainable circularity in the EV battery industry," said Benoit Couture, president and CEO of Lithion. "This partnership underscores our commitment to enable the transition to a low-carbon economy amidst the fight against climate change."

"GM is aggressively scaling battery cell and EV production in North America to reach our target of more than 1 million units of annual capacity by 2025, and we plan to eliminate tailpipe emissions from all our new light-duty vehicles by 2035 – so we are building a supply chain and recycling strategy that can grow with us," said Jeff Morrison, GM vice president, Global Purchasing and Supply Chain. "In Lithion's technology, we see the opportunity to recover and reuse raw material in our Ultium battery packs, making the EVs we produce even more sustainable and helping drive down costs."

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BROKERS ĐƯỢC CẤP PHÉP
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05-10-2022 15:31:31 (UTC+7)

EUR/USD

0.9934

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EUR/USD

0.9934

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USD/JPY

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AUD/USD

0.6477

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143.46

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    EUR/USD 0.9934 Sell  
    GBP/USD 1.1398 Neutral  
    USD/JPY 144.43 ↑ Sell  
    AUD/USD 0.6477 ↑ Sell  
    USD/CAD 1.3580 ↑ Buy  
    EUR/JPY 143.46 ↑ Sell  
    EUR/CHF 0.9768 ↑ Buy  
    Gold 1,720.05 ↑ Sell  
    Silver 20.700 ↑ Sell  
    Copper 3.4680 ↑ Sell  
    Crude Oil WTI 86.19 Neutral  
    Brent Oil 91.58 ↑ Sell  
    Natural Gas 6.708 ↑ Sell  
    US Coffee C 218.78 ↑ Buy  
    Euro Stoxx 50 3,447.15 ↑ Sell  
    S&P 500 3,790.93 ↑ Buy  
    DAX 12,545.82 ↑ Sell  
    FTSE 100 6,992.95 ↑ Sell  
    Hang Seng 18,069.00 ↑ Sell  
    Small Cap 2000 1,775.77 ↑ Buy  
    IBEX 35 7,576.77 ↑ Sell  
    BASF 41.465 ↑ Sell  
    Bayer 48.85 Sell  
    Allianz 165.31 ↑ Sell  
    Adidas 123.62 ↑ Sell  
    Lufthansa 5.904 ↑ Sell  
    Siemens AG 105.01 ↑ Sell  
    Deutsche Bank AG 7.986 Sell  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,550/ 6,630
(0/ 0) # 1,679
SJC HCM6,550/ 6,650
(10/ 10) # 1,698
SJC Hanoi6,550/ 6,652
(10/ 10) # 1,700
SJC Danang6,550/ 6,652
(10/ 10) # 1,700
SJC Nhatrang6,550/ 6,652
(10/ 10) # 1,700
SJC Cantho6,550/ 6,652
(10/ 10) # 1,700
Cập nhật 05-10-2022 15:31:33
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ↀ Giá vàng thế giới
$1,711.60 -13.89 -0.81%
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Sản phẩm Vùng 1 Vùng 2
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RON 95-III21.44021.860
E5 RON 92-II20.73021.140
DO 0.05S22.20022.640
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$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.710,0024.020,00
EUR23.178,6624.475,84
GBP26.582,6427.715,34
JPY161,09170,54
KRW14,5217,70
Cập nhật lúc 14:29:44 05/10/2022
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