General Motors and Lithium America to form a $625m joint venture.

General Motors, an American multinational automotive manufacturing company, and Lithium America, a company focused on advancing lithium projects, agreed to form a $625m joint venture. “We’re pleased with the significant progress Lithium Americas is making to help GM achieve our goal to develop a resilient EV material supply chain. Sourcing critical EV raw materials, like lithium, from suppliers in the US, is expected to help us manage battery cell costs, deliver value to our customers and investors, and create jobs,” Jeff Morrison, General Motors SVP, Global Purchasing and Supply Chain.