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InsideEVs
InsideEVs
Technology
Dan Mihalascu

GM Announces $400 Million EV Battery Materials Plant In Canada

General Motors and South Korea's POSCO Chemical announced plans to build a new EV battery materials plant in Quebec, Canada.

The two parties said they are working with the governments of Canada and Quebec to build a new facility that will produce cathode active material (CAM), with the investment estimated at $400 million (C$500 million).

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