GM Signs Landmark Agreement With Australian Company for Critical Minerals

GM Signs Landmark Agreement With Australian Company for Critical Minerals
A GMC Hummer EV truck is shown at General Motors Factory Zero in Detroit, Mich., on Aug. 5, 2021. Bill Pugliano/Getty Images
Updated:
0:00

General Motors (GM) has signed a landmark agreement with an Australian company for the production and supply of critical minerals for electric vehicle (EV) batteries.

The agreement is critical to secure “all battery raw material to support GM’s goal of 1 million units of EV capacity in North America by the end of 2025,” GM said in an Oct. 11 statement.
Victoria Kelly-Clark
Author
Victoria Kelly-Clark is an Australian based reporter who focuses on national politics and the geopolitical environment in the Asia-pacific region, the Middle East and Central Asia.
twitter
Related Topics