General Motors, LG Chem sign $19 billion cathode material supply deal


LG Chem will supply GM more than 500,000 metric tons of cathode materials between 2026 and 2035

South Korean battery-materials company LG Chem has signed a 25 trillion won (about $19 billion) deal with US carmaker General Motors to supply the latter with battery cathode materials, LG Chem announced Feb. 7.

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