GM invests in Calif. lithium sourcing for EV batteries

General Motors revealed its all-new modular platform and battery system, Ultium, in March 2020. (General Motors/Steve Fecht for Genreal Motors)

July 02, 2021 12:00 PM

DETROIT — General Motors has agreed to a multimillion-dollar investment and collaboration with Controlled Thermal Resources to secure low-cost lithium from California that will be vital to its Ultium battery chemistry.

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