Recently, General Motors said it had signed multi-year agreements with LG Chem and lithium technology company Livent to secure key raw materials used to make electric vehicle batteries.
Among them, Livent will supply battery-grade lithium hydroxide to General Motors within six years starting from 2025, and LG Chem will supply 968,000 tons of cathode materials to General Motors from the second half of this year until 2030, enough to meet about 5 million electric vehicles. car demand.
