: GM and mobility battery maker Posco Future M to invest more than $1 billion in complex that will make key battery material CAM
General Motors Co. GM and mobility battery maker Posco Future M said Friday they are planning to expand the electric vehicle battery supply chain in North America with a new complex that will produce Cathode Active Material, or CAM, a key battery material that accounts for about 40% of the cost of a battery cell. Currently, most CAM and pCAM, a specifically engineered combination of processed raw materials necessary to produce CAM, is made in Asia. The new investment is expected to exceed $1 billion... Читать дальше...