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Investment

GM and Posco plan US cathode materials plant

by Michael McCoy
December 17, 2021 | A version of this story appeared in Volume 99, Issue 45
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General Motors and South Korea’s Posco Chemical have formed a joint venture to build a North American facility for cathode materials needed to produce electric vehicle batteries. The high-nickel cathode materials will go to Ultium Cells, GM’s battery cell joint venture with LG Energy Solution in Spring Hill, Tennessee. Posco is already building cathode materials plants in South Korea and China; the site of the planned US facility has not been revealed.

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